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Analysts Have Conflicting Sentiments on These Energy Companies: BP (BP) and Schlumberger (SLB)

Tipranks - Fri Mar 13, 6:58AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on BP (BPResearch Report) and Schlumberger (SLBResearch Report).

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BP (BP)

In a report released today, Ryan Todd from Piper Sandler maintained a Hold rating on BP, with a price target of $47.00. The company’s shares closed last Wednesday at $41.56.

According to TipRanks.com, Todd is a 5-star analyst with an average return of 11.9% and a 61.6% success rate. Todd covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Par Pacific Holdings, and Marathon Petroleum. ;'>

BP has an analyst consensus of Hold, with a price target consensus of $38.83, implying a -4.4% downside from current levels. In a report issued on March 8, TipRanks – xAI also reiterated a Hold rating on the stock with a $42.00 price target.

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Schlumberger (SLB)

Bernstein analyst Guillaume Delaby maintained a Buy rating on Schlumberger yesterday and set a price target of $56.10. The company’s shares closed last Wednesday at $48.17.

Delaby has an average return of 19.7% when recommending Schlumberger. ;'>

According to TipRanks.com, Delaby is ranked #1210 out of 12127 analysts.

Schlumberger has an analyst consensus of Strong Buy, with a price target consensus of $54.54, a 14.9% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock.

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