Morgan Stanley (NYSE:MS) analyst Connor Lynagh maintained a Buy rating on Schlumberger Limited on Monday, setting a price target of $32, which is approximately 24.47% above the present share price of $25.71.
Lynagh expects Schlumberger Limited to post earnings per share (EPS) of $0.27 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Schlumberger, with an average price target of $31.25.
The analysts price targets range from a high of $36 to a low of $24.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $5.53 billion and a net profit of $504 million. The company's market cap is $35.95 billion.
According to TipRanks.com, Morgan Stanley analyst Connor Lynagh is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.7% and a 45.83% success rate.
Founded in 1926, Schlumberger NV (NYSE:SLB) is an oilfield services company, which provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry. It operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.