Investor opinion about Schlumberger Limited (SLB) is divided, with the energy company exhibiting both a surprising increase in stock holdings by various investment firms and a drop in stock value. This is discernible from the various transactions involving SLB shares, with firms like J.W. Cole Advisors, Journey Strategic Wealth, and Kovack Advisors growing their respective holdings while Pacer Advisors selling off a significant portion of its SLB stake. The company's Q2 results have been disappointing, leading to a drop in share prices. However, several analysts maintain a 'Buy' rating on the stock. Bank of America and Stifel Nicolaus, for example, have lowered their price targets on SLB, but both firms continue to recommend buying. SLB also appears to be attracting the attention of hedge funds as an undervalued energy stock. This situation is complicated by falling oil prices, trade tensions, and news of an Israel-Iran ceasefire that led SLB to experience a 5.89% drop. Amidst this turbulence, numerous firms are making new purchases of SLB shares, suggestive of a perceived positive future for the company in the energy sector.
Schlumberger Limited SLB News Analytics from Wed, 11 Dec 2024 08:00:00 GMT to Sat, 26 Jul 2025 15:48:46 GMT -
Rating 3
- Innovation 4
- Information 6
- Rumor -5
