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A statement released earlier today by Zacks Investment Research about Halliburton Company (NYSE:HAL) bumps the target price to $55.00

Having a price of $49.01, Halliburton Company (NYSE:HAL) traded -0.50% lower on the day. With the last stock price up 10.65% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. HAL has recorded a 50-day average of $47.78 and a two hundred day average of $44.52. Trade Volume was down over the average, with 1,951,278 shares of HAL changing hands under the typical 8,028,480

Zacks Investment Research bumped up the target price of Halliburton Company (NYSE:HAL) to $55.00 indicating a possible upside of 0.12%.

Recent Performance Chart

Halliburton Company (NYSE:HAL)

Halliburton Company has with a one year low of $27.64 and a one year high of $50.49 and has a market capitalization of $0.

A total of 35 brokerages have issued a ratings update on Halliburton Company. Fifteen brokerages rating the company a strong buy, twenty brokerages rating the company a buy, four brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $47.34.

General Company Details For Halliburton Company (NYSE:HAL)

Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates through two segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Company's Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. The Company's Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation and wellbore placement solutions that enable customers to model, measure, drill and manage its well construction activities. The Company's baroid provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment and waste management services for oil and natural gas drilling, completion and workover operations. The Company operates its business in approximately 80 countries.

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