Below are the valuation targets for Schlumberger Limited (SLB) for the next 10 years.
Our valuation targets for Schlumberger Limited (SLB) in 2019 are:
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$153.27 (overvalued)
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$107.84 (fair value)
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$62.42 (undervalued)
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$41.11 (extreme undervalue)
The valuation targets for Schlumberger Limited (SLB) are based on a dividend growth rate of 1.50% which is derived from the lowest calculated growth rate as indicated on the Value Line Investment Survey dated February 1, 2019 and applied to Edson Gould’s Altimeter. A graphical representation of the overvalued, fair value, and undervalued levels are below.
The above Altimeter translates into the following undervalued and overvalued ranges since 1982:
10-Year Targets
Observations
According to Value Line Investment Survey, Schlumberger Limited (SLB) has an expected price range of $90-$140 by 2021-2023. On our end, we have a range from as low as $64.31 to as high as $162.67 in the same period of time.
Last updated: February 16, 2019