RBC Capital Reaffirms Buy Rating on SLB N.V.
RBC Capital reiterates its buy rating on SLB N.V., setting a $61 price target, a 27.96% upside from the current price.
Key Points
- RBC Capital reiterated its buy rating on SLB N.V. with a price target of $61 as of June 16, 2026.
- RBC Capital's $61 price target implies 27.96% upside from SLB N.V.'s ($SLB) current $47.67 share price.
- SLB N.V. shares are trading around $54.09, with a market cap of approximately $80.3 billion and a P/E ratio of 23.66.
- Recent insider activity includes SLB's CEO selling 25,000 shares on May 27, 2026, as part of a planned transaction.
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RBC Capital has reiterated its buy rating on SLB N.V. (NYSE: SLB), setting a price target of $61. This reaffirmation came from analyst Keith Mackey on June 16, 2026. SLB shares are currently trading near $54.09.
SLB N.V. Stock Down 16.8%
Shares of NYSE:SLB are currently trading around $54.09. SLB N.V. has a market cap of approximately $80.3 billion. Its P/E ratio stands at 23.66, with a forward P/E of 16.06. The stock's beta is 0.708, indicating lower volatility compared to the market. Over the past year, SLB's stock has ranged from a low of $31.64 to a high of $58.82. The company's 50-day moving average is $54.84, while its 200-day moving average is $44.67. SLB maintains a current ratio of 1.34 and a quick ratio of 0.87, with a debt-to-equity ratio of 42.52.
$SLB price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
For the recent period, SLB N.V. reported revenue of $35.94 billion, reflecting a growth of 2.7%. The company achieved a net margin of 9.26% and a return on equity of 14.07%. SLB's earnings per share were $2.27. The next earnings report is expected on July 24, 2026.
Dividend
SLB N.V. offers an annual dividend rate of $1.18, yielding 2.2%. The company's dividend payout ratio is 50.66%.
Insider Buying and Selling at SLB N.V.
Recent insider activities at SLB include the CEO, Olivier Le Peuch, selling 25,000 shares on May 27, 2026, at an average price of $56.99 as part of a planned sale. Additionally, Patrick de la Chevardiere sold 2,000 shares on May 7, 2026, at $54.33. On May 1, 2026, both Vanitha Narayanan and Patrick de la Chevardiere acquired 3,428 shares each.
Analysts Set New Price Targets
On June 16, 2026, RBC Capital reiterated its buy rating on SLB with a $61 price target. Evercore ISI Group maintained a buy rating with a $63 target on June 10, 2026. Bernstein also maintained a buy rating with a higher target of $71 on May 11, 2026. The consensus among 28 analysts is a buy rating, with a mean price target of $62.36.
About SLB N.V.
SLB N.V., headquartered in Houston, Texas, provides technology for the energy industry worldwide. The company operates through divisions such as Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. It offers services ranging from field development and hydrocarbon production to well construction and production improvement. SLB, formerly known as Schlumberger Limited, changed its name in October 2025. The company employs about 109,000 people.
Bottom Line
SLB N.V. continues to receive strong analyst support, with RBC Capital reaffirming its buy rating and setting a $61 price target. Investors track SLB for its technology services in the energy sector and its robust financial performance. As always, remember that analyst ratings reflect past data and may not represent current market conditions.
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