Breaking Finance News

Seaport Global Securities downgraded Halliburton Company (NYSE:HAL) to Neutral in a report released today.

Yesterday Halliburton Company (NYSE:HAL) traded 0.31% higher at $43.40. The company’s 50-day moving average is $40.41 and its 200-day moving average is $45.08. The last stock close price is down -6.15% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 8,173,031 shares of the stock were exchanged, down from an average trading volume of 8,993,740

Seaport Global Securities has downgraded Halliburton Company (NYSE:HAL) to Neutral in a statement released on 6/21/2017.

On 05/29/2017, Jefferies & Co released a statement for Halliburton Company (NYSE:HAL) bumped up the target price from $0.00 to $69.00. At the time, this indicated a possible upside of 0.51%.

Recent Performance Chart

Halliburton Company (NYSE:HAL)

Halliburton Company has 52 week low of $38.18 and a one year high of $58.78 and has a total market value of $0.

A total of 35 analysts have released a research note 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 provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field. It operates through two segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation and wellbore placement solutions that enable customers to model, measure, drill and optimize their well construction activities. It serves national and independent oil and natural gas companies. As of December 31, 2016, it had conducted business in approximately 70 countries around the world.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.