Analysts’ Top Energy Picks: Schlumberger (SLB), Enterprise Products Partners (EPD)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Schlumberger (SLB) and Enterprise Products Partners (EPD) with bullish sentiments.
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Schlumberger (SLB)
Citi analyst Scott Gruber maintained a Buy rating on Schlumberger yesterday and set a price target of $59.00. The company’s shares closed last Wednesday at $52.42.
According to TipRanks.com, Gruber is a 5-star analyst with an average return of
Currently, the analyst consensus on Schlumberger is a Strong Buy with an average price target of $56.87, which is a 9.9% upside from current levels. In a report issued on April 14, RBC Capital also maintained a Buy rating on the stock with a $61.00 price target.
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Enterprise Products Partners (EPD)
In a report released yesterday, Manav Gupta from UBS maintained a Buy rating on Enterprise Products Partners, with a price target of $45.00. The company’s shares closed last Wednesday at $37.10.
According to TipRanks.com, Gupta is a 5-star analyst with an average return of
Currently, the analyst consensus on Enterprise Products Partners is a Moderate Buy with an average price target of $40.38, which is an 8.4% upside from current levels. In a report issued on April 7, Mizuho Securities also maintained a Buy rating on the stock with a $44.00 price target.
Read More on SLB:
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- SLB price target raised to $55 from $50 at Morgan Stanley
- SLB price target raised to $59 from $53 at Piper Sandler
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