William Blair Reiterates Market Perform On Schlumberger Shares

In a research report issued today, William Blair analyst Brandon Dobell reiterated a Market Perform rating on Schlumberger (NYSE:SLB). No price target was provided.

Dobell wrote, “We would expect significant repurchases from now through year-end considering the share price (nearly $20 lower than the average repurchase price in the third quarter) and management’s commentary about its confidence in the multiyear trajectory for growth and profits.”

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Brandon Dobell has a total average return of 8.4% and a 42.1% success rate. Dobell is ranked #911 out of 3336 analysts.

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