Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Covenant Logistics Group (CVLG – Research Report) and Schlumberger (SLB – Research Report).
Covenant Logistics Group (CVLG)
Stifel Nicolaus analyst Bert Subin maintained a Hold rating on Covenant Logistics Group on October 25 and set a price target of $33.00. The company’s shares closed last Wednesday at $36.19, close to its 52-week high of $38.39.
According to TipRanks.com, Subin is a 2-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Covenant Logistics Group with a $35.67 average price target, a -2.0% downside from current levels. In a report issued on October 21, Cowen & Co. also maintained a Hold rating on the stock with a $38.00 price target.
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Schlumberger (SLB)
Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Schlumberger on October 25 and set a price target of $58.00. The company’s shares closed last Wednesday at $52.18, close to its 52-week high of $52.68.
According to TipRanks.com, Gengaro is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Schlumberger with a $57.75 average price target, a 9.1% upside from current levels. In a report issued on October 19, Jefferies also initiated coverage with a Buy rating on the stock with a $59.00 price target.
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