RBC Capital analyst Keith Mackey maintained a Buy rating on Schlumberger Limited on Friday, setting a price target of $40, which is approximately 31.84% above the present share price of $30.34.
Mackey expects Schlumberger Limited to post earnings per share (EPS) of $0.39 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Schlumberger, with an average price target of $40.5.
The analysts price targets range from a high of $48 to a low of $37.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $5.85 billion and a net profit of $765 million. The company's market cap is $42.56 billion.
According to TipRanks.com, RBC Capital analyst Keith Mackey is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 19.7% and a 57.45% 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.