Citigroup Have Price Target $78 on Schlumberger (NYSE:SLB). Equity Research Analysts Reiterated firms “Buy” rating.

June 26, 2018 - By Alice Reed

Schlumberger Limited (NYSE:SLB) Corporate Logo

Big Money Sentiment increased to 1.2 in Q1 2018. It has change of 0.54, from 2017Q4’s 0.66. The ratio increased due to Schlumberger Limited positioning: 60 sold and 488 reduced. 111 funds bought positions and 548 increased positions. Investors holded 1.05 billion in 2017Q4 but now own 1.04 billion shares or 1.22% less.

Btr holds 110,496 shs. Stadion Money Ltd holds 0.05% of its capital in Schlumberger Limited (NYSE:SLB) for 20,194 shs. Macquarie Ltd owns 477,574 shs for 0.06% of their capital. Girard Prns Ltd accumulated 60,908 shs or 0.92% of the stock. Twin Capital Mgmt invested in 150,498 shs. The Florida-based Noesis Capital Mangement has invested 1.89% in Schlumberger Limited (NYSE:SLB). Spc holds 0.05% or 3,111 shs. Parametric Portfolio Associate Limited Liability Co holds 0.17% or 2.65M shs. Vident Inv Advisory Ltd Liability Company owns 12,928 shs or 0.04% of their US capital. Waldron L P owns 5,034 shs for 0.07% of their capital. 5,478 are owned by Manchester Capital Management Ltd Liability Corp. Mason Street Advisors Limited Liability reported 192,778 shs stake. Country Trust Bancorporation holds 340,536 shs or 1.05% of its capital. Clearbridge Ltd owns 14.43 million shs. Barr E S And accumulated 146,166 shs or 0.99% of the stock.

Schlumberger Limited had 3 selling transactions and 3 buys since January 22, 2018. This’s net activity of $6.93 million. On Monday, January 22 Guild Howard sold $1.96M worth of Schlumberger Limited (NYSE:SLB). On Wednesday, March 28 Al Mogharbel Khaled had bought 3,000 shs worth $192,900. AYAT SIMON sold $5.91M worth of Schlumberger Limited (NYSE:SLB) on Wednesday, January 24. KIBSGAARD PAAL also bought $646,800 worth of Schlumberger Limited (NYSE:SLB) shs. On Wednesday, May 16 3,000 shs were sold by Jaramillo Claudia, worth $218,049.

Reiterated Schlumberger (NYSE:SLB) Rating.

Schlumberger (NYSE:SLB) had $78 PT given by Citigroup in analysts report issued to clients and investors on Monday morning. Analysts’s PT suggests a potential upside of 18.90 % from the company’s close price.

Schlumberger Limited (NYSE:SLB) Ratings Coverage

In total 17 analysts cover Schlumberger Limited (NYSE:SLB). “Buy” rating has 16, “Sell” are 0, while 1 are “Hold”. (NYSE:SLB) has 94% bullish analysts. With $95.0 highest and $75.0 lowest target price, Schlumberger Limited has $81.67 average target price or 24.50% above the current ($65.5979) price. 28 are the (NYSE:SLB)’s ratings reports on Jun 26, 2018 according to StockzIntelligence Inc. On Thursday, June 21 the firm has “Buy” rating given by FBR Capital. On Thursday, January 4 the company was maintained by Jefferies. On Tuesday, January 16 the firm has “Buy” rating given by RBC Capital Markets. In Monday, January 22 report Seaport Global maintained the stock with “Buy” rating. On Monday, April 23 the firm earned “Buy” rating by SunTrust. On Monday, April 23 the stock has “Buy” rating by Credit Suisse. On Monday, January 22 the stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by FBR Capital. On Monday, January 15 the firm has “Hold” rating by BMO Capital Markets given. On Monday, April 23 the rating was maintained by Susquehanna with “Buy”. On Thursday, January 11 Cowen & Co maintained Schlumberger Limited (NYSE:SLB) with “Buy” rating.

SLB touched $65.5979 during the last trading session after $0.1679 change.Schlumberger Limited has volume of 2.22 million shares. Since June 26, 2017 SLB has declined 1.14% and is downtrending. SLB underperformed the S&P500 by 13.71%.

Schlumberger Limited (NYSE:SLB) is awaited to reveal earnings on July, 20 before the open., Zacks reports. This year’s EPS analyst estimate is awaited to be $0.46. That is 31.43 % up compareed to $0.35 EPS for last year. In case of $0.46 EPS SLB’s profit could hit $637.16 million. 21.05 % EPS growth is what Wall Street’s predicts after $0.38 reported EPS previous quarter.

Schlumberger Limited supplies technology services and products to the gas and oil exploration and production industry worldwide.The company has $90.86 billion market cap. The company's Reservoir Characterization Group segment provides reservoir interpretation and data processing services; open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services at the surface and downhole; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services.Last it reported negative earnings. The Company’s Drilling Group segment designs, makes, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products, as well as mud logging, and land drilling rigs and support services; and offers well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services.

For more Schlumberger Limited (NYSE:SLB) news brought out recently go to: Globenewswire.com, Seekingalpha.com, Finance.Yahoo.com, Forbes.com or Benzinga.com. The titles are as follows: “Factors of Influence in 2018, Key Indicators and Opportunity within Dr Pepper Snapple Group, United Therapeutics …” brought out on June 25, 2018, “An Undervalued Services Play Due For Catch-Up” on June 18, 2018, “Should Income Investors Buy Schlumberger Limited (NYSE:SLB) Before Its Ex-Dividend?” with a publish date: June 02, 2018, “Why Schlumberger’s Stock Continues To Underperform” and the last “Earnings Outlook For Schlumberger” with publication date: June 19, 2018.

Schlumberger Limited (NYSE:SLB) Institutional Investors Chart

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