The latest price target for Nabors Industries (NYSE:NBR) was reported by Citigroup on September 13, 2024. The analyst firm set a price target for $75.00 expecting NBR to rise to within 12 months (a possible 19.79% upside). 13 analyst firms have reported ratings in the last year.

The latest analyst rating for Nabors Industries (NYSE:NBR) was provided by Citigroup, and Nabors Industries downgraded their neutral rating.

The last upgrade for Nabors Industries Ltd happened on October 17, 2023 when Morgan Stanley raised their price target to $175. Morgan Stanley previously had an equal-weight for Nabors Industries Ltd.

The last downgrade for Nabors Industries Ltd happened on September 13, 2024 when Citigroup changed their price target from $110 to $75 for Nabors Industries Ltd.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nabors Industries, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nabors Industries was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.

While ratings are subjective and will change, the latest Nabors Industries (NBR) rating was a downgraded with a price target of $110.00 to $75.00. The current price Nabors Industries (NBR) is trading at is $62.61, which is out of the analyst’s predicted range.