KLR Group Raises Price Target on Schlumberger Ltd. (SLB) to $106; Reiterates Buy
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Jefferies Raises price Target on Schlumberger Ltd. (SLB) with Increased Confidence; Reiterates Hold
April 25, 2016 9:06 AM EDTJefferies maintained a Hold rating on Schlumberger (NYSE: SLB), and raised the price target to $80.00 (from $71.00), despite cutting estimates. Estimates for 2016/2017/2018 have been cut to $1.10/$1.95/$4.00 from $1.90/ $2.95/$4.65. However, Jefferies has increased confidence in the company's ability for a spending recovery.
Analyst Brad Handler commented, "We lower estimates for 2016/2017/2018 to... More
Schlumberger (SLB) PT Raised to $88 at Nomura Securities
April 25, 2016 7:30 AM EDTNomura Securities analyst Matthew Johnston raised estimates and his price target on Buy-rated Schlumberger (NYSE: SLB) to $88.00 (from $81.00) after the company surpassed the firm's most important 1Q benchmarks.
" Most notably, the company posted strong margins in the international segments, alleviating concerns that pricing... More
Schlumberger Ltd. (SLB) Tops Q1 EPS by 1c
April 21, 2016 4:20 PM EDTSchlumberger Ltd. (NYSE: SLB) reported Q1 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $6.52 billion versus the consensus estimate of $6.51 billion.
For earnings history and earnings-related data on Schlumberger Ltd. (SLB) click here.
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