There is significant investment activity regarding Schlumberger Limited (NYSE:SLB), with several investment firms boosting their shares in the company. This investment trending is backed by Wall Street's optimistic views towards the company. Vanguard Capital Wealth Advisors, Rhumbline Advisers, and Jefferies Financial Group Inc. are among those who have acquired significant shares of the energy company. Conversely, Romano Brothers and Company, Reliant Investment Management, and Central Pacific Bank Trust Division have reduced their holdings. The company is deemed a robust energy stock with high upside potential. It is believed to be undervalued and one of the best energy stocks to invest in now according to hedge funds. The stock price target is set at $52.44 by brokerages, and SLB is performing well against the broader market but lagging a bit behind the market. There is also attention on SLB's planned acquisition of ChampionX.
Schlumberger Limited SLB News Analytics from Mon, 11 Nov 2024 20:26:52 GMT to Sat, 07 Jun 2025 12:54:21 GMT - Rating 8 - Innovation 5 - Information 7 - Rumor -3
