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Analyst Rating: Will Nabors Industries Ltd. (NBR) Stock Outperform the Market?

Monday, April 25, 2022 11:05 AM | InvestorsObserver Analysts

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Analyst Rating: Will Nabors Industries Ltd. (NBR) Stock Outperform the Market?

Analysts who follow Nabors Industries Ltd. (NBR) on average expect it to lose -10.55% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Nabors Industries Ltd. an Analyst Ranking of 3, which means it ranks higher than 3 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 2.8
Wall Street analysts are rating NBR a Hold today. Find out what this means to you and get the rest of the rankings on NBR!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Nabors Industries Ltd. Stock Today?

Nabors Industries Ltd. (NBR) stock is trading at $152.36 as of 11:00 AM on Monday, Apr 25, a decline of -$18.38, or -10.76% from the previous closing price of $170.74. The stock has traded between $152.36 and $165.78 so far today. Volume today is below average. So far 47,611 shares have traded compared to average volume of 194,196 shares. Click Here to get the full Stock Report for Nabors Industries Ltd. stock.

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