Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Schlumberger Ltd has a consensus price target of $62.1 based on the ratings of 27 analysts. The high is $81 issued by Societe Generale on October 10, 2023. The low is $37 issued by JP Morgan on October 7, 2021. The 3 most-recent analyst ratings were released by UBS, Barclays, and Evercore ISI Group on August 20, 2024, July 23, 2024, and July 22, 2024, respectively. With an average price target of $68 between UBS, Barclays, and Evercore ISI Group, there's an implied 50.91% upside for Schlumberger Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Schlumberger (NYSE:SLB) was reported by UBS on August 20, 2024. The analyst firm set a price target for $63.00 expecting SLB to rise to within 12 months (a possible 39.81% upside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Schlumberger (NYSE:SLB) was provided by UBS, and Schlumberger maintained their buy rating.
The last upgrade for Schlumberger Ltd happened on July 27, 2022 when Benchmark raised their price target to $55. Benchmark previously had a hold for Schlumberger Ltd.
The last downgrade for Schlumberger Ltd happened on April 29, 2024 when Wells Fargo changed their price target from $68 to $53 for Schlumberger Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Schlumberger, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Schlumberger was filed on August 20, 2024 so you should expect the next rating to be made available sometime around August 20, 2025.
While ratings are subjective and will change, the latest Schlumberger (SLB) rating was a maintained with a price target of $67.00 to $63.00. The current price Schlumberger (SLB) is trading at is $45.06, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.