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Schlumberger (NYSE:SLB) target price lowered to $73.00, issued a report today by Barclays

Having a price of $66.75, Schlumberger (NYSE:SLB) traded -0.68% lower on the day. With the last close down -4.82% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Schlumberger has recorded a 50-day average of $65.24 and a two hundred day average of $70.65. Volume of trade was up over the average, with 11,428,399 shares of SLB changing hands over the typical 6,823,290

Schlumberger (NYSE:SLB) had its price target dropped to $73.00 by Barclays in an issued report issued 06/21/2017. The bumped down target suggests a potential upside of 0.09% from the company's most recent close.

Performance Chart

Schlumberger (NYSE:SLB)

With a total market value of $0, Schlumberger has price-earnings ratio of 529.45 with a one year low of $62.56 and a one year high of $87.84 .

A total of 34 analysts have released a research note on Schlumberger. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $87.74.

More About Schlumberger (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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