Schlumberger (SLB) PT Raised to $88 at Nomura Securities
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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
KLR Group Raises Price Target on Schlumberger Ltd. (SLB) to $106; Reiterates Buy
April 25, 2016 6:53 AM EDTKLR Group reiterated a Buy rating on Schlumberger Ltd. (NYSE: SLB), and raised the price target to $106.00 (from $103.00). SLB stated that declining US and international production rates may eliminate market oversupply by the end of 2016. A lack of spending and upstream activity creates... 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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