Schlumberger Limited (NYSE:SLB) registered a -0.45% decrease, still its new closing price is 34.29% up from the company’s 1 year high of 87.84.It posted -2.30% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 15 buy or better ratings. The 42 stock analysts following this company have an average price target at $96.79, with individual PT in the $80.00-$110.00 range. The shares moved at $84.50, implying that brokerage firms see shares gaining about 24.77% in twelve months time.

Schlumberger Limited (SLB) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a 0.66% rise year to date. A EVP Technology at Schlumberger Limited (SLB) offloaded shares in a transaction closed on Wednesday December 21, 2016. BELANI ASHOK sold 46,577 shares in the company at $85.5 each and collected $3,982,000 in proceeds. BELANI ASHOK now owns 82,461 shares in the company after this transaction. A Vice President Human Resources in the company, Martellozo Gerard, disclosed a transaction on Tuesday December 20, 2016 that ended up generating $424,000 from the sale of 5,000 shares at $84.83 per share.

Schlumberger Limited (NYSE:SLB) Upcoming Results on Tap

Schlumberger Limited will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.27 in that period. Sales during the quarter are predicted to arrive at $7.05 billion.

Earnings surprise history: Last quarter, the company posted approximately $7.11 billion in revenue and EPS of $0.27. The mean forecast was for $7.07 billion and $0.27 a share, respectively. One quarter earlier, revenue for the stock was at $7.02 billion, with earnings at $0.25/share.

Schlumberger Limited (SLB) Brokerage Update

Schlumberger Limited (SLB) is in Jefferies’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Jefferies, according to news reported on Tuesday November 15, 2016.Another important research note was issued by Societe Generale on Tuesday July 19, 2016.The firm upgraded SLB to Buy from Hold. Over the last six months and over the last three months, the shares of Schlumberger Limited (SLB), have changed 8.21% and 6.22%, respectively.