17 Aug

SLB, FTI, HAL: Which Stocks Do Analysts Recommend?

WRITTEN BY Rekha Khandelwal, CFA

Recommendations for FTI

On August 16, Jefferies raised its rating for TechnipFMC (FTI) from “hold” to “buy.” It also raised its price target for FTI from $30 to $37. On August 2, Barclays raised its price target for TechnipFMC from $32 to $35. On July 30, BMO raised FTI’s price target from $34 to $35.

Of the 30 analysts surveyed by Reuters covering TechnipFMC, seven rated the stock as a “strong buy,” 15 rated it as a “buy,” and six rated FTI as a “hold.” One analyst rated TechnipFMC as a “sell,” and one rated it as a “strong sell.”

SLB, FTI, HAL: Which Stocks Do Analysts Recommend?

The above graph compares analysts’ recommendations for Schlumberger (SLB), Halliburton (HAL), and TechnipFMC. As the graph shows, Halliburton has the most “buy” recommendations among the three stocks. The median price target for TechnipFMC is $37. It implies an upside potential of 33% from its current price of $27.9.

Recommendations for SLB

Of the 33 analysts surveyed by Reuters covering Schlumberger, seven have rated it as a “strong buy,” 17 rated it as a “buy,” eight rated SLB as a “hold,” and one analyst rated Schlumberger as a “sell.” The median price target for Schlumberger is $78.5, which implies an upside potential of 26% from its current price of $62.49.

Recommendations for HAL

Of the 32 analysts covering Halliburton, ten analysts recommend it as “strong buy,” 18 analysts rate it as a “buy,” and four analysts rate HAL as a “hold.” There aren’t any “sell” recommendations for the stock. The median price target for Halliburton is $54, which implies an upside potential of 36% from its current price of $39.77.

Next, we’ll take a look at the recommendations for National Oilwell Varco (NOV) and Baker Hughes (BHGE).

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