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Analysts Have Conflicting Sentiments on These Conglomerates Companies: CSX (CSX) and Schlumberger (SLB)

Analysts have been eager to weigh in on the Conglomerates sector with new ratings on CSX (CSXResearch Report) and Schlumberger (SLBResearch Report).

CSX (CSX)

In a report issued on January 21, Walter Spracklin from RBC Capital maintained a Hold rating on CSX, with a price target of $37.00. The company’s shares closed last Friday at $34.10.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 17.9% and a 61.9% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Andlauer Healthcare Group, and TFI International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSX with a $39.56 average price target, representing a 12.9% upside. In a report issued on January 21, Cowen & Co. also maintained a Hold rating on the stock with a $38.00 price target.

See today’s best-performing stocks on TipRanks >>

Schlumberger (SLB)

RBC Capital analyst Keith Mackey maintained a Buy rating on Schlumberger on January 21 and set a price target of $45.00. The company’s shares closed last Friday at $36.36, close to its 52-week high of $38.53.

According to TipRanks.com, Mackey is a 5-star analyst with an average return of 23.5% and a 70.0% success rate. Mackey covers the Industrial Goods sector, focusing on stocks such as Liberty Oilfield Services, Baker Hughes Company, and Trican Well Service.

Schlumberger has an analyst consensus of Strong Buy, with a price target consensus of $42.00.

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