The consensus price target hints at a 37.1% upside potential for Schlumberger (SLB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?
Zacks.com users have recently been watching Schlumberger (SLB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.