why Schlumberger Ltd [SLB] is a Good Choice for Investors After New Price Target of $46.85

GBS Stock

Schlumberger Ltd [NYSE: SLB] closed the trading session at $36.30.

The stocks have a year to date performance of -5.32 percent and weekly performance of 7.17 percent. The stock has been moved at -11.18 percent over the last six months. The stock has performed 0.81 percent around the most recent 30 days and changed -11.68 percent over the most recent 3-months.

If compared to the average trading volume of 17.46M shares, SLB reached to a volume of 15376510 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Schlumberger Ltd [SLB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SLB shares is $46.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SLB stock is a recommendation set at 1.42. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Schlumberger Ltd shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 08, 2025. While these analysts kept the previous recommendation, TD Cowen raised their target price from $53 to $55. The new note on the price target was released on January 21, 2025, representing the official price target for Schlumberger Ltd stock. Previously, the target price had yet another drop from $62 to $44, while Evercore ISI kept a In-line rating on SLB stock.

The Average True Range (ATR) for Schlumberger Ltd is set at 0.98, with the Price to Sales ratio for SLB stock in the period of the last 12 months amounting to 1.37. The Price to Book ratio for the last quarter was 2.53, with the Price to Cash per share for the same quarter was set at 2.87. Price to Free Cash Flow for SLB in the course of the last twelve months was 9.86 with Quick ratio for the last quarter at 0.93.

SLB stock trade performance evaluation

Schlumberger Ltd [SLB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.17. With this latest performance, SLB shares gained by 0.81% in over the last four-week period, additionally sinking by -11.18% over the last 6 months – not to mention a drop of -19.26% in the past year of trading.

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Schlumberger Ltd [SLB]: An insightful look at the core fundamentals

Schlumberger Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.93 and a Current Ratio set at 1.24.

Earnings per share (EPS) analysis for Schlumberger Ltd [SLB] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SLB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Schlumberger Ltd go to 3.58%.

Schlumberger Ltd [SLB]: Institutional Ownership

The top three institutional holders of SLB stocks are: VANGUARD GROUP INC with ownership of 136.28 million shares, which is approximately 9.5431%. BLACKROCK INC., holding 119.84 million shares of the stock with an approximate value of $$5.65 billion in SLB stocks shares; and BLACKROCK INC., currently with $$4.9 billion in SLB stock with ownership which is approximately 7.279%.

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