SLB Stock Prediction: Perspectives for Investing in the Oil & Gas Industry

June 10, 2021

motek 1This SLB stock forecast article was written by Yutong Li – Analyst at I Know First, Master's candidate at Brandeis University.

Highlights:

  • SLB’s stock has grown by some 28% in the past 1 month, and 66% since January 2021
  • Its leading position and continuous growth in the oilfield service industry worldwide make it a preferable long-position stock
  • My predicted target price for SLB in June will hit $38, following the increasing trend in May 2021

premiumRead The Full Premium Article
Subscribe to receive exclusive PREMIUM content here

Premium Articles

SLB Stock Forecast: Up-trends in Oil as COVID relaxes

June 3, 2021

Joshua GellerThis SLB Stock Forecast article was written by Joshua Geller – Financial Analyst intern I Know First.

Highlights:

  • SLB's stock has grown 150% since mid-November 2020 and 25.66% in the last month alone.
  • As the economic demand for raw materials surges coming out of the pandemic, OPEC has announced large increases in petroleum output and will regulate 5.8 million barrels per day as of July, 2021.
  • Technical analysis reveals up-trends in the stock's price and a rebound from November 2020's rude oil lows.

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles