Schlumberger Limited. (NYSE:SLB) price target bumped up to $96.00, released a ratings update earlier today by Jefferies Group
- Updated: December 1, 2016
Jefferies Group bumped up the target of Schlumberger Limited. (NYSE:SLB) to $96.00 indicating a possible upside of 0.13%.
Previously on Wednesday March 09, 2016, UBS Securities released a statement about Schlumberger Limited. (NYSE:SLB) reduced the target price from $87.00 to $86.00 that suggested an upside of 0.18%.
Boasting a price of $84.61, Schlumberger Limited. (NYSE:SLB) traded 0.67% higher on the day. The last stock price close is up 6.92% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $80.40 and a 200-day moving average of $79.14. 7,991,559 shares of Schlumberger Limited. exchanged hands, up from an avg. volume of 5,862,600
Recent Performance Chart
With a total market value of $0, Schlumberger Limited. has 52 week low of $59.60 and a 52 week high of $86.41 .
A total of 34 brokers have issued a research note on Schlumberger Limited.. zero analysts rating the stock a strong buy, 0 firms rating the stock a buy, 0 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $87.74.
About Schlumberger Limited. (NYSE:SLB)
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: Reservoir Characterization, Drilling and Production. Reservoir Characterization Group consists of the principal technologies involved in finding and defining hydrocarbon resources. These include WesternGeco, Wireline, Testing Services and Schlumberger Information Solutions. Drilling Group consists of the principal technologies involved in the drilling and positioning of oil and gas wells and consist of Bits & Drilling Tools, M-I SWACO, Drilling & Measurements, Land Rigs and Integrated Drilling Services. Production Group consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Water Services, Integrated Production Services and Schlumberger Production Management.
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