Posted by admin on Jun 30th, 2022

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF – Get Rating) had its price target lifted by Berenberg Bank from €30.00 ($31.91) to €60.00 ($63.83) in a report released on Wednesday, The Fly reports.

A number of other equities analysts also recently issued reports on SBOEF. Kepler Capital Markets downgraded Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft from a buy rating to a hold rating in a research report on Friday, March 18th. Cheuvreux upgraded Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft from a hold rating to a buy rating in a report on Friday, May 20th.

Shares of SBOEF opened at $58.70 on Wednesday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 1 year low of $38.30 and a 1 year high of $68.95. The business has a 50-day moving average of $59.91 and a 200-day moving average of $50.83.

About Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (Get Rating)

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft designs, manufactures, and sells equipment for the oil and gas industry worldwide. The company operates in two segments, Advanced Manufacturing & Services, and Oilfield Equipment. The company offers non-magnetic steel grades. It also provides high precision MWD/LWD, such as collars for use as high-tech housings for special logging instruments, sensors, antennas, and generators.

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