Schlumberger NV (SLB) Given a $71.00 Price Target at Credit Suisse Group

Schlumberger NV (SLB) Given a $71.00 Price Target at Credit Suisse Group”

Schlumberger N.V. The company has a market cap of $85.72 billion, a price-to-earnings ratio of 487.48 and a beta of 1.05. It now has negative earnings.

Sprucegrove Investment Management Ltd increased Schlumberger Ltd (SLB) stake by 79650% reported in 2017Q2 SEC filing. Park National Corp acquired 7,099 shares as Schlumberger Limited (SLB)'s stock declined 11.04%. The Sprucegrove Investment Management Ltd holds 159,500 shares with $10.50 million value, up from 200 last quarter. Hollencrest Securities Ltd Liability Corporation owns 0.07% invested in Schlumberger Limited. The stock declined 0.06% or $0.04 reaching $62.4 on the news. (NYSE:SLB) last issued its quarterly earnings data on Friday, October 20th. It has underperformed by 4.50% the S&P500.

Among 34 analysts covering Schlumberger Limited.

Among 7 analysts covering TriNet Group Inc (NYSE:TNET), 1 have Buy rating, 3 Sell and 3 Hold. Therefore 67% are positive. Schlumberger Limited. had 119 analyst reports since July 22, 2015 according to SRatingsIntel. On September 12 JP Morgan kept the stock rating at "Overweight" but moved down the price target to $76.00 from $101.00.

In other Schlumberger N.V. news, Director Michael E. Marks purchased 8,000 shares of the firm's stock in a transaction that occurred on Friday, August 11th. BMO Capital Markets reiterated a "buy" rating and set a $74.00 price objective (down from $89.00) on shares of Schlumberger a research note on Thursday, July 13th. As per Tuesday, December 1, the company rating was downgraded by Oppenheimer. The company now has an average rating of Buy and an average target price of $80.54. (NYSE:SLB) was released by: and their article: "Schlumberger Points To The "Paradigm Shift" Taking Place" with publication date: October 24, 2017. The company was downgraded on Thursday, February 25 by Longbow. The firm has "Buy" rating given on Monday, July 24 by Credit Suisse. As per Monday, December 19, the company rating was maintained by Maxim Group. The stock has "Sell" rating by UBS on Thursday, November 5. About 6.61M shares traded. (NYSE:TSLX) by 23,019 shares in the quarter, leaving it with 384,281 shares, and cut its stake in Mastercard Inc. Ishares Tr (EEM) was raised too.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.29, from 1.17 in 2017Q1.

Several other institutional investors have also recently modified their holdings of SLB. First Eagle Investment Management LLC raised its position in Schlumberger 103.9% during the 2nd quarter. First Personal Financial has 3,594 shares. For the next 5 years, Schlumberger Limited is expecting Growth of 45.82% per annum, whereas in the past 5 years the growth was -29.03% per annum. (NYSE:SLB) or 62,096 shares. Tokio Marine Asset Co holds 0.14% or 22,391 shares in its portfolio. Manufacturers Life Insur The has invested 0.06% in Ball Corporation (NYSE:BLL). Grisanti Capital Mgmt Ltd Limited Liability Company reported 1.46% of its portfolio in Schlumberger Limited. Meridian Counsel Inc invested 0.4% in Schlumberger Limited. Bokf Na owns 0.05% invested in Ball Corporation (NYSE:BLL) for 33,945 shares. Wolverine Asset Management Lc holds 12,800 shares or 0.01% of its portfolio. Northstar Asset Mgmt Limited Liability Corp holds 1.08% in Schlumberger Limited. (NYSE:SLB) news were published by: which released: "Schlumberger Limited". (NYSE:SLB) has "Hold" rating given on Wednesday, January 18 by Suntrust Robinson. (NYSE:AVP) or 75,494 shares. Btim reported 164,041 shares stake. (NYSE:SLB). Art Advsr accumulated 16,671 shares or 0.06% of the stock. Cambiar Investors LLC grew its stake in Schlumberger 53.8% during the second quarter. (NYSE:SLB). Barrington Strategic Wealth Mgmt Gp Ltd Com reported 0.27% stake.

Since May 30, 2017, it had 1 buy, and 2 selling transactions for $2.87 million activity. The insider Pauley Lisa Ann sold 20,960 shares worth $869,329. $250,203 worth of Schlumberger Limited. IFP Advisors Inc now owns 26,592 shares of the oil and gas company's stock worth $2,077,000 after purchasing an additional 856 shares during the last quarter. On Wednesday, June 7 SANDVOLD TORE I sold $349,100 worth of Schlumberger Limited. (NYSE:SLB) earned "Buy" rating by Jefferies on Friday, April 7.

Schlumberger N.V. has a 12 month low of $61.40 and a 12 month high of $87.84.

October 5 investment analysts at Citigroup held the company rating at "Buy" and moved down the price target from $93.00 to $80.00. The stock of Aduro BioTech Inc (NASDAQ:ADRO) has "Hold" rating given on Thursday, September 3 by Zacks. They set a "market perform" rating and a $92.00 target price on the stock. The firm earned "Hold" rating on Monday, July 11 by Jefferies. During the same quarter in the previous year, the firm earned $0.78 EPS. Jefferies Group also issued estimates for Schlumberger N.V.'s Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.63 EPS, Q4 2018 earnings at $0.72 EPS, FY2018 earnings at $2.25 EPS, FY2019 earnings at $4.30 EPS and FY2020 earnings at $6.20 EPS.

About 5,320 shares traded. Avon Products, Inc. (NYSE:AVP) has declined 10.85% since October 24, 2016 and is downtrending. It has underperformed by 63.37% the S&P500.

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.

Like this



25 October 2017
Align Technology, Inc. (ALGN) Ownership Decreased by Robeco Institutional Asset Management Bv
On average, analysts expect Align Technology to post $3.41 EPS for the current fiscal year and $4.09 EPS for the next fiscal year. Align Technology's revenue was up 32.3% compared to the same quarter past year . ( NASDAQ ALGN ) opened at 202.76 on Tuesday.

25 October 2017
The Medidata Solutions Inc. (MDSO) Vice Chairman Sold $510200.00 in Stock
Keefe Bruyette & Woods maintained Blackrock Capital Investment Corp (NASDAQ:BKCC) on Monday, August 14 with "Hold" rating . The stock of Medidata Solutions Inc (NASDAQ:MDSO) earned "Buy" rating by KeyBanc Capital Markets on Sunday, September 17.

25 October 2017
Canaccord Genuity Raises Kinross Gold Co. (K) Price Target to C$8.00
The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned "Underperform" rating by RBC Capital Markets on Monday, August 24. Lombard Odier Asset Management Europe Ltd purchased a new stake in Kinross Gold Corp. during the third quarter worth $104,000.

25 October 2017
Governor Sacked Mumbai University VC Sanjay Deshmukh Over Exam Results Mess
Deshmukh was sent on indefinite leave by the Governor and new in-charge Vice Chancellor was appointed from Kolhapur university. As per the Act, the university is mandated to declare all examination results within 30 days, and in no case beyond 45 days.

25 October 2017
Caterpillar profits top expectations, lifting shares
Of the analysts who provided ratings, 7 rated the company a Hold, 1 rated it a Strong Sell, and 4 rated it a Strong Buy. Caterpillar, Inc . has a 12 month low of $80.33 and a 12 month high of $132.34. ( CAT ) opened at 131.68 on Tuesday.

25 October 2017
Star cricketer denies exposing himself to therapist
Gayle asked her: "What are you looking for?" the court heard, according to the Herald. "I remember being upset", Russell said. The next day, on 12 February, Russell said she got the bus to the SCG and set up the massage table and waited outside.

25 October 2017
Chinese Scientists Successfully Use Mouse Genes to Create Genetically Low-Fat Pigs
Of these mother pigs, three became pregnant and they finally gave birth to the 12 healthy male pigs called the UCP1 KI pigs. Raising pigs for food is a tricky business-mostly due to their fat, the part that makes bacon so tasty.

25 October 2017
Survivor Series Qualifying Matches Set To Take Place On Smackdown
But they have the opportunity to put on a show next week before they, presumably, move onto newer programs. Shane McMahon then had a few conversations with SmackDown GM Daniel Bryan throughout the night.

25 October 2017
Principal Apologizes For Trump Tombstone At School Halloween Party
The parents or teachers responsible for this disgusting display should claim responsibility publicly and apologize publicly as well.

25 October 2017
Thane to get first Metro, Mumbai to get Metro 6 line
Mumbai: To speed up Metro rail construction, the State Cabinet on Tuesday gave final approvals to the Metro-5 and Metro-6 lines. The 14.5 km and Rs6,672 crore Swami Samarth Nagar- Jogeshwari-Kanjurmarg-Vikhroli corridor will have 13 stations.