Zacks Investment Research downgraded Halliburton Company (NYSE:HAL) to Hold in a report released today.
- Updated: November 29, 2016
Yesterday Halliburton Company (NYSE:HAL) traded -2.07% lower at $47.79. The company’s 50-day moving average is $47.85 and its 200-day moving average is $44.66. The last closing price is up 7.01% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 8,441,026 shares of the stock were exchanged, up from an average trading volume of 8,045,400
Zacks Investment Research has downgraded Halliburton Company (NYSE:HAL) to Hold in a statement released on 11/29/2016.
On 11/28/2016, Zacks Investment Research released a statement about Halliburton Company (NYSE:HAL) bumped up the target price from $0.00 to $55.00 that indicated a possible upside of 0.12%.
Recent Performance Chart
Halliburton Company has 52 week low of $27.64 and a 52 week high of $50.49 and has a market cap of $0.
Also covering Halliburton Company's target, a total of 35 equity analysts have released a ratings update on HAL. The one year target is $47.34 with fifteen equity analysts rating the company a strong buy, 20 firms rating the stock a buy, 4 firms rating the stock a hold, one brokerage rating the company a underperform, and lastly zero brokers rating the stock a sell.
Brief Synopsis On 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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