Economy

Argus Initiates Coverage on Schlumberger NV (SLB)

UBS AG set a $90.00 target price on shares of Schlumberger N.V. and gave the company a "buy" rating in a research note on Friday, June 16th. Therefore 79% are positive. Schlumberger N.V. has a 1-year low of $62.56 and a 1-year high of $87.84. The stock has a consensus rating of "Buy" and an average target price of $86.21. Schlumberger Limited. had 104 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, July 7 by Cowen & Co. The company was downgraded on Tuesday, June 27 by Guggenheim. The firm has "Hold" rating given on Wednesday, January 18 by Suntrust Robinson. (NYSE:SLB) last released its quarterly earnings data on Friday, July 21st. As per Tuesday, April 26, the company rating was maintained by Barclays Capital. The firm has "Buy" rating given on Monday, November 9 by Citigroup. The stock of Schlumberger Limited. (NYSE:PWR), 8 have Buy rating, 0 Sell and 4 Hold. The Wcm Investment Management holds 542,890 shares with $45.58 million value, up from 479,000 last quarter. Quanta Services Inc now has $5.54B valuation.

Roof Eidam & Maycock ADV lessened its holdings in shares of Schlumberger N.V. (NYSE:SLB) by 72.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. Cap Wealth Planning Lc holds 1.11% or 14,912 shares. (NYSE:SLB) has "Outperform" rating given on Wednesday, February 22 by FBR Capital. Dodge & Cox now owns 48,271,463 shares of the oil and gas company's stock valued at $3,178,193,000 after purchasing an additional 5,494,165 shares during the period. Aflac Inc (NYSE:AFL) was raised too.

Investors sentiment decreased to 0.88 in 2016 Q4. Its up 0.41, from 0.94 in 2016Q3. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO raised its position in shares of Schlumberger N.V.by 0.3% during the 2nd quarter. Patten Gru holds 750 shares. Ameriprise Inc invested in 0% or 51,594 shares. The oil and gas company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.05. First Tru Co stated it has 59,219 shares.

EOG Resources, Inc. explores for, develops, produces and markets natural gas and crude oil in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People's Republic of China, Canada and, from time to time, select other worldwide areas. (NYSE:SLB). New York-based Needham Invest Mgmt Ltd Liability Co has invested 0.27% in Schlumberger Limited. The company had a trading volume of 6,806,190 shares. (NYSE:SLB). Westwood Mgmt Il reported 2,400 shares stake. Ameriprise Financial reported 9.01 million shares. Investec Asset Management accumulated 693,502 shares. Hermes Invest Mngmt Ltd accumulated 0% or 3,100 shares. 16,000 are owned by New Jersey Better Educational Savings Trust. Pacwest Finance Inc has invested 0% in TravelCenters of America LLC (NASDAQ:TA). Bainco reported 50,124 shares. Gamco Et Al reported 6,500 shares.

Since May 30, 2017, it had 1 insider purchase, and 2 selling transactions for $2.87 million activity. Hartman Richard T. sold 20,000 shares worth $720,000. Royal Bancorporation Of Canada accumulated 0.12% or 2.55 million shares. BRAEMER RICHARD J sold $566,087 worth of stock or 15,000 shares. SANDVOLD TORE I sold $349,100 worth of stock or 5,000 shares. Shares for $76,900 were sold by Connor Martin P. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. Therefore 46% are positive. The firm earned "Neutral" rating on Wednesday, August 24 by Citigroup. The firm has "Overweight" rating given on Tuesday, April 19 by Morgan Stanley. Wunderlich has "Buy" rating and $110 target. Barclays Capital maintained the stock with "Equal-Weight" rating in Monday, March 28 report. (NYSE:SLB) earned "Mkt Perform" rating by Bernstein on Friday, December 2. The stock of Toll Brothers Inc (NYSE:TOL) earned "Outperform" rating by Wells Fargo on Thursday, September 29. The rating was maintained by Maxim Group on Thursday, August 6 with "Buy".

Investors sentiment decreased to 1.06 in Q4 2016. HD has risen 0.12% in the 1-month period. It worsened, as 65 investors sold SLB shares while 567 reduced holdings.

Hedge funds have recently made changes to their positions in the business. Family Legacy Inc. raised its position in shares of Schlumberger N.V.by 0.9% during the 2nd quarter. (NYSE:SLB). Fred Alger Management holds 207 shares or 0% of its portfolio.

In related news, Director Michael E. Marks acquired 8,000 shares of the company's stock in a transaction dated Friday, August 11th. Company insiders own 0.38% of the company's stock.

More notable recent Schlumberger Limited. The legal version of this story can be read at https://www.dispatchtribunal.com/2017/09/06/schlumberger-n-v-slb-shares-sold-by-old-second-national-bank-of-aurora.html. 1,500 are owned by Ckw Fincl. Wheatland Advsr accumulated 3,700 shares. Zwj Investment Counsel reported 1.88% stake. Private Bancorp stated it has 26,376 shares. Miller Howard Investments has invested 0.11% of its portfolio in Schlumberger Limited. About 316,373 shares traded.

Argus assumed coverage on shares of Schlumberger N.V. (NYSE:SLB) in a research note issued to investors on Monday, August 21st. It has underperformed by 20.00% the S&P500.

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