Core Laboratories - CLB Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Sell
Consensus Price Target: $21.88
Forecasted Upside: -12.25%
Number of Analysts: 3
Breakdown:
2 Sell Ratings
1 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$24.93 As of 09/27/2023 01:00 AM ET

▲ +1.49 (6.36%)

1 month | 3 months | 12 months

Get New Core Laboratories Analyst Ratings Delivered To Your Inbox

Sign-up to receive the latest news and ratings for CLB and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for CLB

^$21.88

▼ -12.25% Downside Potential

This price target is based on 3 analysts offering 12 month price targets for Core Laboratories in the last 3 months. The average price target is $21.88, with a high forecast of $25.00 and a low forecast of $20.00. The average price target represents a -12.25% upside from the last price of $24.93.

Current Consensus is Sell

The current consensus among 3 contributing investment analysts is to sell stock in Core Laboratories. This Sell consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

4/5/2022

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

7/4/2022

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

10/2/2022

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

12/31/2022

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

3/31/2023

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

6/29/2023

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

8/28/2023

0 strong buy ratings
0 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

9/27/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
9/18/2023	Citigroup	Lower Target	Sell ➝ Sell	$21.00 ➝ $20.00	Low
7/31/2023	Piper Sandler	Boost Target	Neutral ➝ Neutral	$19.00 ➝ $21.00	Low
6/30/2023	Citigroup	Downgrade	Neutral ➝ Sell	$22.00 ➝ $21.00	Low
5/1/2023	Piper Sandler	Boost Target		$18.00 ➝ $19.00	Low
4/28/2023	Stifel Nicolaus	Boost Target		$24.00 ➝ $25.00	Low
4/18/2023	Bank of America	Downgrade	Neutral ➝ Underperform	$21.50	Low
2/7/2023	Citigroup	Boost Target	Neutral	$21.00 ➝ $26.00	Low
1/9/2023	Bank of America	Upgrade	Underperform ➝ Neutral		Low
10/6/2022	Citigroup	Upgrade	Sell ➝ Neutral	$24.00 ➝ $17.00	Low
9/26/2022	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$20.00	Low
8/1/2022	Morgan Stanley	Lower Target	Equal Weight	$22.00 ➝ $20.00	Low
7/26/2022	Stifel Nicolaus	Lower Target		$26.00 ➝ $20.00	Low
7/13/2022	Morgan Stanley	Lower Target	Equal Weight	$32.00 ➝ $22.00	Low
4/18/2022	Piper Sandler	Downgrade	Neutral ➝ Underweight	$19.50 ➝ $21.30	Low
4/11/2022	Morgan Stanley	Boost Target	Equal Weight	$30.00 ➝ $35.00	High
1/18/2022	Morgan Stanley	Lower Target	Equal Weight	$32.00 ➝ $30.00	High
12/7/2021	Morgan Stanley	Lower Target	Equal Weight	$34.00 ➝ $32.00	Medium
10/18/2021	Bank of America	Downgrade	Neutral ➝ Underperform	$36.00 ➝ $32.00	High
10/11/2021	Morgan Stanley	Lower Target	Equal Weight	$37.00 ➝ $34.00	Medium
8/20/2021	Piper Sandler	Lower Target	Neutral	$20.00 ➝ $17.50	High
8/3/2021	Morgan Stanley	Lower Target	Equal Weight	$40.00 ➝ $37.00	Low
7/9/2021	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$40.00	Low
6/14/2021	Citigroup	Downgrade	Neutral ➝ Sell	$30.00 ➝ $36.00	Medium
4/23/2021	Citigroup	Lower Target		$300.00 ➝ $36.00	Low
3/25/2021	Morgan Stanley	Boost Target	Overweight	$33.00 ➝ $38.00	High
1/11/2021	Wolfe Research	Upgrade	Underperform ➝ Market Perform		Medium
12/18/2020	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$17.00 ➝ $18.00	High
12/15/2020	Smith Barney Citigroup	Boost Target		$16.00 ➝ $30.00	Low
11/11/2020	Cowen	Lower Target	Market Perform	$26.00 ➝ $20.00	Low
11/10/2020	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight		High
10/26/2020	Morgan Stanley	Boost Target	Equal Weight	$24.00 ➝ $25.00	Medium
10/23/2020	Smith Barney Citigroup	Lower Target		$21.00 ➝ $16.00	Medium
10/13/2020	Bank of America	Upgrade	Underperform ➝ Neutral		High
9/29/2020	ABN Amro	Upgrade	Sell ➝ Hold		Low
7/27/2020	Piper Sandler	Boost Target	Neutral	$15.00 ➝ $16.00	Medium
7/24/2020	Stifel Nicolaus	Boost Target	Hold	$15.00 ➝ $22.00	Low
7/16/2020	Scotiabank	Downgrade	Sector Outperform ➝ Sector Perform	$19.00	High
7/8/2020	Morgan Stanley	Boost Target	Equal Weight	$18.00 ➝ $24.00	Low
5/19/2020	Morgan Stanley	Boost Target	Equal Weight	$12.00 ➝ $18.00	High
4/27/2020	Royal Bank of Canada	Reiterated Rating	Buy		Low
4/24/2020	Stifel Nicolaus	Boost Target	Hold	$14.00 ➝ $15.00	Medium
4/19/2020	Scotiabank	Lower Target		$40.00 ➝ $13.00	Medium
4/12/2020	Scotiabank	Upgrade	Sector Perform ➝ Sector Outperform	$40.00 ➝ $13.00	Low
4/7/2020	Piper Sandler	Lower Target	Neutral	$16.50 ➝ $7.50	Low
3/18/2020	Stifel Nicolaus	Lower Target	Hold	$17.00 ➝ $14.00	High
3/17/2020	Evercore ISI	Downgrade	Hold		High
3/17/2020	JPMorgan Chase & Co.	Lower Target	Neutral	$39.00 ➝ $16.00	High
3/16/2020	Morgan Stanley	Lower Target	Equal Weight	$45.00 ➝ $12.00	High
3/13/2020	Citigroup	Lower Target	Neutral	$40.00 ➝ $11.00	High
3/10/2020	Stifel Nicolaus	Lower Target	Hold	$40.00 ➝ $17.00	High
3/9/2020	Bank of America	Downgrade	Buy ➝ Underperform		High
1/31/2020	Cowen	Lower Target	Market Perform	$39.00 ➝ $36.00	High
1/30/2020	Johnson Rice	Initiated Coverage	Buy		High
1/14/2020	Bernstein Bank	Initiated Coverage	Market Perform	$38.80	Medium
1/13/2020	Sanford C. Bernstein	Initiated Coverage	Market Perform	$38.00 ➝ $38.80	Medium
1/2/2020	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$50.00 ➝ $40.00	Low
12/31/2019	Cowen	Lower Target	Market Perform	$42.00 ➝ $39.00	High
12/31/2019	JPMorgan Chase & Co.	Lower Target	Neutral	$50.00 ➝ $47.00	High
12/10/2019	Citigroup	Boost Target	Neutral	$44.00 ➝ $46.00	High
10/25/2019	Bank of America	Set Target	Buy	$48.00	Low
10/18/2019	Citigroup	Lower Target	Neutral	$51.00 ➝ $44.00	High
10/17/2019	ABN Amro	Downgrade	Buy ➝ Hold		Low
10/7/2019	Morgan Stanley	Lower Target	Equal Weight	$65.00 ➝ $55.00	Medium
9/11/2019	Citigroup	Lower Target	Neutral	$54.00 ➝ $51.00	High
7/12/2019	Morgan Stanley	Lower Target	Equal Weight	$75.00 ➝ $70.00	Low
7/10/2019	Bank of America	Upgrade	Neutral ➝ Buy	$63.00	High
6/26/2019	Royal Bank of Canada	Set Target	Buy	$77.00	Medium
6/26/2019	Piper Jaffray Companies	Set Target	Hold	$52.00	Medium
4/26/2019	Stifel Nicolaus	Set Target	Buy	$75.00	Low
2/25/2019	Tudor Pickering	Upgrade	Hold ➝ Buy		Low
2/2/2019	UBS Group	Set Target	Hold	$72.00	Low
1/4/2019	Citigroup	Lower Target	Neutral ➝ Neutral	$76.00 ➝ $66.00	Medium
12/26/2018	Piper Jaffray Companies	Set Target	Hold	$70.00	Low
12/19/2018	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$105.00 ➝ $75.00	High
12/11/2018	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$111.00 ➝ $79.00	High
12/3/2018	Cowen	Set Target	Hold	$82.00	Medium
11/16/2018	Guggenheim	Upgrade	Neutral ➝ Buy	$120.00	High
10/31/2018	ABN Amro	Upgrade	Sell ➝ Buy		Medium
10/29/2018	Morgan Stanley	Lower Target	Equal Weight ➝ Hold	$115.00 ➝ $105.00	High
10/29/2018	Cowen	Lower Target	Market Perform ➝ Market Perform	$100.00 ➝ $90.00	High
10/29/2018	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$117.00 ➝ $110.00	High
10/29/2018	Piper Jaffray Companies	Reiterated Rating	Hold	$87.00	High
10/26/2018	Credit Suisse Group	Lower Target	Outperform ➝ Buy	$122.00 ➝ $105.00	Medium
10/17/2018	Bank of America	Initiated Coverage	Neutral ➝ Neutral		Medium
10/11/2018	Morgan Stanley	Set Target	Hold	$125.00 ➝ $115.00	Medium
10/10/2018	Wolfe Research	Initiated Coverage	Underperform ➝ Underperform		High
10/5/2018	Piper Jaffray Companies	Set Target	Hold	$95.00	Low

(Data available from 9/27/2018 forward)

News Sentiment Rating

1.00 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

5 very positive mentions
5 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

3/1/2023

8 very positive mentions
3 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

3/31/2023

6 very positive mentions
11 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

4/30/2023

3 very positive mentions
5 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

5/30/2023

7 very positive mentions
4 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

6/29/2023

6 very positive mentions
9 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

7/29/2023

5 very positive mentions
7 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

8/28/2023

10 very positive mentions
5 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

9/27/2023

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Core Laboratories Inc. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. It operates through Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock, reservoir fluid, and gas samples to enhance production and improve recovery of oil and gas from its clients' reservoirs. It offers laboratory-based analytical and field services to characterize properties of crude oil and oil delivered products; and proprietary and joint industry studies, as well as services that support carbon capture, utilization and storage, hydrogen storage, geothermal projects, and the evaluation and appraisal of mining activities. The Production Enhancement segment provides services and products relating to reservoir well completions, perforations, stimulations, and production. It offers integrated diagnostic services to evaluate and monitor the effectiveness of well completions and to develop solutions to improve the effectiveness of enhanced oil recovery projects. The company markets and sells its products through a combination of sales representatives, technical seminars, trade shows, and print advertising, as well as through distributors. The company was founded in 1936 and is based in Houston, Texas.

Today's Range

Now: $24.93

$23.97

$24.93

50 Day Range

MA: $24.78

$23.46

$27.42

52 Week Range

Now: $24.93

$13.48

$27.94

Volume

363,572 shs

Average Volume

422,845 shs

Market Capitalization

$1.16 billion

P/E Ratio

30.04

Dividend Yield

0.17%

Beta

2.68

Frequently Asked Questions

What sell-side analysts currently cover shares of Core Laboratories?: The following equities research analysts have issued research reports on Core Laboratories in the last twelve months: Bank of America Co., Citigroup Inc., Piper Sandler, Stifel Nicolaus, StockNews.com, and TheStreet.
View the latest analyst ratings for CLB.
What is the current price target for Core Laboratories?: 4 Wall Street analysts have set twelve-month price targets for Core Laboratories in the last year. Their average twelve-month price target is $21.88, suggesting a possible downside of 9.9%. Stifel Nicolaus has the highest price target set, predicting CLB will reach $25.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $20.00 for Core Laboratories in the next year.
View the latest price targets for CLB.
What is the current consensus analyst rating for Core Laboratories?: Core Laboratories currently has 2 sell ratings and 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Sell." A "sell" rating indicates that analysts believe CLB will underperform the market and that investors should sell shares of Core Laboratories.
View the latest ratings for CLB.
What other companies compete with Core Laboratories?: Other companies that are similar to Core Laboratories include ProPetro, ProFrac, Helix Energy Solutions Group, ProFrac and Ranger Energy Services. Learn More about companies similar to Core Laboratories.
How do I contact Core Laboratories' investor relations team?: Core Laboratories' physical mailing address is STRAWINSKYLAAN 913 TOWER A LEVEL 9, AMSTERDAM P7, 1077 XX. The oil and gas company's listed phone number is (713) 328-2673 and its investor relations email address is investor.relat[email protected]. The official website for Core Laboratories is www.corelab.com. Learn More about contacing Core Laboratories investor relations.

Core Laboratories - CLB Stock Price Target and Predictions

Analyst Price Target for CLB

Current Consensus is Sell

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

1.00 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Core Laboratories?

What is the current price target for Core Laboratories?

What is the current consensus analyst rating for Core Laboratories?

What other companies compete with Core Laboratories?

How do I contact Core Laboratories' investor relations team?