Schlumberger Limited (NYSE: SLB) shares have dropped precipitously along with the price of crude oil recently. With the chart of crude indicating even lower prices eventually, how bullish can one get on Schlumberger?
Schlumberger Limited. logo Schlumberger Limited. (NYSE:SLB) has been given an average recommendation of �Buy� by the thirty-one analysts that are currently covering the company, Stock Ratings News reports.
Schlumberger Limited. (NYSE:SLB) last released its earnings data on Thursday, July 17th. The company reported $1.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.36 by $0.01.
Schlumberger Limited (NYSE:SLB) is one of the oil field services companies with strong footholds around the globe. The company's shares increased 20% year to date reaching a 52-week high of $118 in the month of July.