NYSE:CLB

Core Laboratories - CLB Price Target & Analyst Ratings

$20.75

+0.67 (+3.34%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: $20.26
▼
$21.27
50-Day Range: $20.08
▼
$26.55
52-Week Range: $13.19
▼
$34.08

Volume: 435,096 shs
Average Volume: 371,207 shs
Market Capitalization: $967.57 million

P/E Ratio: 50.61
Dividend Yield: 0.19%
Price Target: $21.83

Institutional Ownership

Core Laboratories Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 4 Analyst Ratings

Consensus Analyst Price Target

$21.83
5.18% Upside

High Prediction	$26.00
Average Prediction	$21.83
Low Prediction	$20.00

Type	Current 3/20/22 to 3/20/23	1 Month Ago 2/18/22 to 2/18/23	3 Months Ago 12/20/21 to 12/20/22	1 Year Ago 3/20/21 to 3/20/22
Consensus Rating	Hold	Hold	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$21.83	$21.83	$19.58	$28.88
Predicted Upside	5.18% Upside	-7.09% Downside	-5.64% Downside	-12.37% Downside

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CLB Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CLB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Core Laboratories Stock vs. The Competition

Type	Core Laboratories	Oils/Energy Companies	S&P 500
Consensus Rating Score	1.50	2.58	2.47
Consensus Rating	Hold	Buy	Hold
Predicted Upside	3.93% Upside	179.55% Upside	22.67% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/7/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$21.00 ➝ $26.00	-0.19%
1/9/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral
9/26/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight	$20.00	+43.78%
7/26/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$26.00 ➝ $20.00	+15.61%
4/18/2022	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$19.50 ➝ $21.30	-36.63%
1/11/2021	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Market Perform

12/18/2020	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$17.00 ➝ $18.00	-30.15%
12/15/2020	Smith Barney Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$16.00 ➝ $30.00	+6.53%
11/11/2020	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	$26.00 ➝ $20.00	+10.38%
9/29/2020	ABN Amro Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Hold
7/16/2020	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vaibhav Vaishnav Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform	$19.00	-11.17%
4/27/2020	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy

(Data available from 3/20/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

CLB Price Target - Frequently Asked Questions

What is Core Laboratories's consensus rating and price target?: According to the issued ratings of 4 analysts in the last year, the consensus rating for Core Laboratories stock is Hold based on the current 2 sell ratings and 2 hold ratings for CLB. The average twelve-month price prediction for Core Laboratories is $21.83 with a high price target of $26.00 and a low price target of $20.00. Learn more on CLB's analyst rating history.
Do Wall Street analysts like Core Laboratories more than its competitors?: Analysts like Core Laboratories less than other Oils/Energy companies. The consensus rating for Core Laboratories is Hold while the average consensus rating for oils/energy companies is Buy. Learn more on how CLB compares to other companies.
Is Core Laboratories being upgraded by Wall Street analysts?: Over the previous 90 days, Core Laboratories's stock had 1 upgrade by analysts.

Does Core Laboratories's stock price have much downside?: According to analysts, Core Laboratories's stock has a predicted downside of -7.09% based on their 12-month price targets.
What analysts cover Core Laboratories?: Core Laboratories has been rated by Bank of America, and Citigroup in the past 90 days.

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This page (NYSE:CLB) was last updated on 3/20/2023 by MarketBeat.com Staff

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