Halliburton Company (HAL) has an average broker rating of 1.54, which is interpreted as a Buy, as rated by 26 equity analysts. Nonetheless, 20 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Halliburton Company (HAL) : 23 Wall Street analysts covering Halliburton Company (HAL) believe that the average level the stock could reach for the short term is $50.57. The maximum price target given is $60 and the minimum target for short term is around $38, hence the standard deviation is calculated at $6.13.
For the current week, the company shares have a recommendation consensus of Buy. Halliburton Company (NYSE:HAL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.94 and $43.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.08, notching a gain of 0.73% for the day. The total traded volume was 5,273,325 . The stock had closed at $43.76 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Miller Jeffrey Allen, director officer (President) of Halliburton Co, had unloaded 19,776 shares at an average price of $45 in a transaction dated on June 7, 2016. The total value of the transaction was worth $889,920.
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions, which form the basis for its two operating segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Companys Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. Production Enhancement services include stimulation services and sand control services. The Companys Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.