Zacks Investment Research recorded Halliburton Company (NYSE:HAL), bumping its stock price target to $52.00 today
- Updated: October 12, 2016
Just yesterday Halliburton Company (NYSE:HAL) traded 0.32% higher at $46.66. Halliburton Company’s 50-day average is $43.53 and its two hundred day average is $42.37. With the last stock price up 10.42% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 2,290,865 shares of HAL changing hands under the typical 7,765,120
In a report released on 10/12/2016 Zacks Investment Research increased the stock price target of Halliburton Company (NYSE:HAL) to $52.00 reporting a possible upside of 0.11%.
Previously on 10/06/2016, Vetr Inc. reported on Halliburton Company (NYSE:HAL) increased the target price from $0.00 to $46.86. At the time, this indicated a possible upside of 0.05%.
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Halliburton Company has a 52 week low of $27.64 and a 52 week high of $47.64 HAL’s total market value is presently $0.
A total of 35 equity analysts have released a research note on HAL. Fifteen equity analysts rating the company a strong buy, twenty equity analysts rating the company a buy, four equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $47.34.
More About 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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