Zacks Rating on Halliburton Company (HAL)

Halliburton Company (HAL) : 25 analysts are covering Halliburton Company (HAL) and their average rating on the stock is 1.52, which is read as a Buy. 20 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Halliburton Company (HAL) : 22 Wall Street analysts covering Halliburton Company (HAL) believe that the average level the stock could reach for the short term is $50.36. The maximum price target given is $60 and the minimum target for short term is around $38, hence the standard deviation is calculated at $6.19.


Shares of Halliburton Company rose by 0.83% in the last five trading days and 5.76% for the last 4 weeks. Halliburton Company is up 9.08% in the last 3-month period. Year-to-Date the stock performance stands at 33.46%. Halliburton Company (NYSE:HAL): On Tuesdays trading session , Opening price of the stock was $45.02 with an intraday high of $45.5. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $44.93. However, the stock managed to close at $44.99, a loss of 0.20% for the day. On the previous day, the stock had closed at $45.08. The total traded volume of the day was 7,641,965 shares.

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.

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