ENSCO plc (ESV) Upgraded at UBS from Neutral to Buy

ENSCO plc (ESV) has been upgraded today by the securities research analysts at investment firm UBS which upgraded ESV from a “neutral” rating to “buy,” however, UBS did not provide a price target for ESV.  ESV is up during intraday trading after having sustained three previous days of loss.

ENSCO is slated to release their next earnings report on August 9th, 2011 and the current EPS consensus estimate is 70 cents.  Their last earnings report was released on April 20th, 2011 and announced EPS of 45 cents with revenue totaling $361 million which was down -19.4 % year to year.  ESV is currently trading between its 50 & 200-day moving averages and 2011 is currently an up year for the company.

ENSCO plc is a global offshore contract drilling company. As of February 15, 2011, their offshore rig fleet included 40 jackup rigs, five ultra-deepwater semisubmersible rigs and one barge rig. Additionally, they have three ultra-deepwater semisubmersible rigs and two ultra-high specification harsh environment jackup rigs under construction.  The company has market capitalization of $8,295,000,000 and an even 150,000,000 shares outstanding.  ESV has a 52-week high of $60.31 with the low being $33.33 dollars.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.