Guggenheim Raises ENSCO PLC to Buy (ESV)

By admin | 6 years ago

ENSCO PLC (NYSE: ESV) was upgraded by research analysts at Guggenheim from a “neutral” rating to a “buy” rating in a report released on Tuesday.

Shares of ENSCO PLC traded down 1.30% during mid-day trading on Tuesday, hitting $47.1709. ENSCO PLC has a one year low of $37.39 and a one year high of $59.90. The company has a market cap of $10.908 billion and a P/E ratio of 12.93.

Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie upgraded shares of ENSCO PLC from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, May 16th. Separately, analysts at Pritchard Capital upgraded shares of ENSCO PLC from a “neutral” rating to a “buy” rating in a research note to investors on Friday, May 4th. Finally, analysts at Raymond James (NYSE: RJF) upgraded shares of ENSCO PLC from an “outperform” rating to a “strong-buy” rating in a research note to investors on Monday, April 16th.

Ensco plc (Ensco), formerly Ensco International plc, is a global offshore contract drilling company. The Company’s business operates in four segments: Deepwater, Asia Pacific, Europe and Africa and North and South America.

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