Where Schlumberger Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Schlumberger (NYSE:SLB), with a mix of bullish and somewhat bullish sentiments. Recent analyst actions include both raised and lowered price targets, with an average target of $66.27, down 3.06% from the previous average. Schlumberger shows strong financial performance with high revenue growth, net margin, ROE, and ROA, and a sound debt-to-equity ratio.
August 20, 2024 | 4:00 pm
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NEUTRAL IMPACT
Schlumberger has received mixed analyst ratings, with some lowering and others raising their price targets. The average price target has decreased slightly, but the company maintains strong financial performance with high revenue growth and profitability.
The mixed analyst ratings and slight decrease in average price target suggest a neutral short-term impact on SLB's stock price. However, the company's strong financial performance, including high revenue growth and profitability, provides a positive outlook, balancing the potential negative sentiment from lowered price targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100