Schlumberger N.V. (SLB) : 18 brokerage houses believe that Schlumberger N.V. (SLB) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Schlumberger N.V. (SLB). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 25 Wall Street Analysts endorse the stock as a Buy with a rating of 1.6.
Schlumberger N.V. (SLB) : The highest short term price target forecast on Schlumberger N.V. (SLB) is $110 and the lowest target price is $74. A total of 18 equity analysts are currently covering the company. The average price of all the analysts is $93.61 with a standard deviation of $9.23.
Schlumberger Limited has dropped 0.21% in the last five trading days, however, the shares have posted positive gains of 1.29% in the last 4 weeks. Schlumberger Limited is up 8.8% in the last 3-month period. Year-to-Date the stock performance stands at 18.82%. Schlumberger N.V. (NYSE:SLB): On Tuesdays trading session , Opening price of the stock was $82.17 with an intraday high of $82.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $81.54. However, the stock managed to close at $81.75, a loss of 0.37% for the day. On the previous day, the stock had closed at $82.05. The total traded volume of the day was 4,473,691 shares.
Schlumberger N.V. is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. The Company operates in the oilfield service markets through three Groups, which include Reservoir Characterization Group, which consists of the principal technologies involved in finding and defining hydrocarbon resources; Drilling Group, which consists of the principal technologies involved in the drilling and positioning of oil and gas wells, and Production Group, which consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Water Services and the Schlumberger Production Management field production projects.