July 19, 2016

Societe Generale Upgraded Schlumberger NV (SLB)


Schlumberger NV (NYSE:SLB) was upgraded by research analysts at Societe Generale to a “buy” rating in a note issued to investors on Monday.

A number of other analysts also recently commented on SLB. Citigroup Inc. reissued a “buy” rating and issued a $83.00 price objective (up previously from $82.00) on shares of Schlumberger NV in a research note on Wednesday, March 23rd. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Schlumberger NV in a research note on Wednesday, March 23rd. Barclays PLC boosted their price objective on Schlumberger NV from $74.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Monday, March 28th. Zacks Investment Research downgraded Schlumberger NV from a “hold” rating to a “strong sell” rating in a research note on Monday, March 28th. Finally, Evercore ISI dropped their price objective on Schlumberger NV from $79.00 to $78.00 and set a “buy” rating on the stock in a research note on Monday, March 28th. Seven equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $89.19.