Jefferies Raises price Target on Schlumberger Ltd. (SLB) with Increased Confidence; Reiterates Hold
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Go back to Jefferies Raises price Target on Schlumberger Ltd. (SLB) with Increased Confidence; Reiterates Hold
April 25, 2016 7:30 AM EDT
Nomura 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
April 25, 2016 6:53 AM EDT
KLR 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
April 21, 2016 4:20 PM EDT
Schlumberger 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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