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Barclays Sticks to Its Buy Rating for Schlumberger (SLB)

Barclays Sticks to Its Buy Rating for Schlumberger (SLB)

In a report released today, David Anderson from Barclays maintained a Buy rating on Schlumberger, with a price target of $46.00. The company’s shares closed last Friday at $33.32.

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According to TipRanks, Anderson is an analyst with an average return of -1.1% and a 46.23% success rate. Anderson covers the Energy sector, focusing on stocks such as Schlumberger, Cactus, and Baker Hughes Company.

In addition to Barclays, Schlumberger also received a Buy from TR | OpenAI – 4o’s Wes Rigmoor in a report issued on July 19. However, on July 18, Piper Sandler maintained a Hold rating on Schlumberger (NYSE: SLB).

SLB market cap is currently $50.01B and has a P/E ratio of 11.42.

Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SLB in relation to earlier this year. Most recently, in May 2025, Patrick de La Chevardiere, a Director at SLB sold 5,000.00 shares for a total of $167,900.00.

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