How Many Schlumberger Limited (NYSE:SLB)’s Analysts Are Bullish?

Schlumberger Limited (NYSE:SLB) Logo
Investors sentiment decreased to 0.82 in Q2 2019. Its down 0.34, from 1.16 in 2019Q1. It dived, as 84 investors sold Schlumberger Limited shares while 449 reduced holdings. 97 funds opened positions while 341 raised stakes. 1.01 billion shares or 0.22% more from 1.01 billion shares in 2019Q1 were reported.
Art Advsr Limited Com stated it has 0.37% of its portfolio in Schlumberger Limited (NYSE:SLB). Commercial Bank holds 132,721 shares or 0.06% of its portfolio. The Missouri-based Financial Counselors Inc has invested 0.51% in Schlumberger Limited (NYSE:SLB). Farmers Fincl Bank holds 0.02% or 1,129 shares. Co Of Virginia Va has 0.58% invested in Schlumberger Limited (NYSE:SLB) for 111,754 shares. Hartford Investment has invested 0.21% in Schlumberger Limited (NYSE:SLB). Icon Advisers Incorporated holds 0.55% or 147,400 shares. Grp Inc One Trading L P holds 26,291 shares. Anderson Hoagland, Missouri-based fund reported 52,855 shares. Cubist Systematic Strategies Ltd owns 32,594 shares for 0.02% of their portfolio. Moreover, Harvey Invest Ltd Liability has 0.14% invested in Schlumberger Limited (NYSE:SLB) for 21,010 shares. Washington Bank holds 0.04% in Schlumberger Limited (NYSE:SLB) or 6,891 shares. Pathstone Family Office Limited Liability reported 0.01% in Schlumberger Limited (NYSE:SLB). Timber Creek Management owns 4,810 shares for 0.12% of their portfolio. Fincl Bank Of Montreal Can owns 2.17 million shares.

Schlumberger Limited (NYSE:SLB) Ratings Coverage

Among 6 analysts covering Schlumberger (NYSE:SLB), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Schlumberger has $5500 highest and $3400 lowest target. $46.17’s average target is 23.95% above currents $37.25 stock price. Schlumberger had 12 analyst reports since March 15, 2019 according to SRatingsIntel. JP Morgan maintained it with “Neutral” rating and $4100 target in Monday, July 22 report. On Tuesday, April 9 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm has “Outperform” rating given on Thursday, September 12 by Wells Fargo. The firm earned “Buy” rating on Friday, June 7 by Stifel Nicolaus. Jefferies downgraded it to “Hold” rating and $45 target in Friday, March 15 report. The rating was maintained by JP Morgan on Monday, September 9 with “Neutral”. Below is a list of Schlumberger Limited (NYSE:SLB) latest ratings and price target changes.

12/09/2019 Broker: Wells Fargo Rating: Outperform Old Target: $48.0000 New Target: $44.0000 Maintain
09/09/2019 Broker: JP Morgan Rating: Neutral Old Target: $41.0000 New Target: $34.0000 Maintain
22/07/2019 Broker: JP Morgan Rating: Neutral Old Target: $42.0000 New Target: $41.0000 Maintain
27/06/2019 Broker: Gabelli Rating: Buy New Target: $55.0000 Initiates Coverage On
21/06/2019 Broker: Raymond James Rating: Hold Maintain
07/06/2019 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy New Target: $50.0000 Upgrade
30/05/2019 Broker: BidaskScore Rating: Sell Downgrade
03/05/2019 Broker: BidaskScore Rating: Sell Downgrade
22/04/2019 Broker: Tudor Pickering Old Rating: Buy New Rating: Hold Downgrade
17/04/2019 Broker: BidaskScore Rating: Hold Upgrade

The stock increased 0.95% or $0.35 during the last trading session, reaching $37.25. About 6.49M shares traded. Schlumberger Limited (NYSE:SLB) has declined 40.86% since September 13, 2018 and is downtrending. It has underperformed by 40.86% the S&P500.

Schlumberger Limited supplies technology services and products to the gas and oil exploration and production industry worldwide. The company has market cap of $51.52 billion. The Company’s Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; 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. It has a 25 P/E ratio. 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; mud logging services; land drilling rigs and support services; and 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.

More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Finance.Yahoo.com which released: “Did Changing Sentiment Drive Schlumberger’s (NYSE:SLB) Share Price Down A Worrying 64%? – Yahoo Finance” on July 24, 2019, also Business.Financialpost.com with their article: “Schlumberger Announces Third-Quarter 2019 Results Conference Call – Financial Post” published on August 26, 2019, Finance.Yahoo.com published: “Does The Data Make Schlumberger Limited (NYSE:SLB) An Attractive Investment? – Yahoo Finance” on May 09, 2019. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Fool.com and their article: “Why Oilfield Services Stocks Slumped in August – Motley Fool” published on September 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “Schlumberger (SLB) Stock Sinks As Market Gains: What You Should Know – Yahoo Finance” with publication date: August 26, 2019.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.