Schlumberger Limited. (NYSE:SLB) target price raised to $92.00, reported today by SunTrust Banks, Inc.
- Updated: April 20, 2017
Yesterday Schlumberger Limited. (NYSE:SLB) traded 0.28% higher at $76.48. The company’s 50-day moving average is $78.77 and its 200-day moving average is $81.55. The last stock close price is down -5.96% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 1,965,514 shares of the stock were exchanged, down from an average trading volume of 6,068,140
Schlumberger Limited. (NYSE:SLB) had its target price raised to $92.00 by SunTrust Banks, Inc. in a report released 04/20/2017. The new target price indicates a possible upside of 0.20% based on the company's last stock close price.
Previously on 4/19/2017, Deutsche Bank AG reported about Schlumberger Limited. (NYSE:SLB) lowered the target price from $101.00 to $100.00. At the time, this indicated a possible upside of 0.31%.
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Schlumberger Limited. has a 52 week low of $72.00 and a 52 week high of $87.84 The company’s market cap is currently $0.
In addition to SunTrust Banks, Inc. reporting its target price, a total of 34 firms have reported on the stock. The consensus target price is $87.74 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Schlumberger Limited. (NYSE:SLB)
Schlumberger N.V. provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry. The Company's segments include Reservoir Characterization Group, Drilling Group, Production Group and Cameron Group. The Reservoir Characterization Group consists of the principal technologies involved in finding and defining hydrocarbon resources. The Drilling Group consists of the principal technologies involved in the drilling and positioning of oil and gas wells. The Production Group consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Integrated Production Services (IPS) and Schlumberger Production Management (SPM). The Cameron Group consists of the principal technologies involved in pressure and flow control for drilling and intervention rigs, oil and gas wells and production facilities.
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