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Halliburton Company (NYSE:HAL) has been given an average recommendation of “Buy” by the thirty analysts that are presently covering the company, American Banking News.com reports. Five equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $77.10.

A number of research firms have recently commented on HAL. Analysts at Zacks reiterated a “neutral” rating on shares of Halliburton Company in a research note on Friday. They now have a $71.00 price target on the stock. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Halliburton Company in a research note on Wednesday, July 23rd. They now have a $78.00 price target on the stock, up previously from $72.00. Finally, analysts at Howard Weil raised their price target on shares of Halliburton Company from $75.00 to $80.00 in a research note on Tuesday, July 22nd. They now have a “sector outperform” rating on the stock.

Shares of Halliburton Company (NYSE:HAL) traded down 0.62% on Tuesday, hitting $67.19. 1,864,521 shares of the company’s stock traded hands. Halliburton Company has a one year low of $47.46 and a one year high of $74.33. The stock’s 50-day moving average is $69.71 and its 200-day moving average is $64.16. The company has a market cap of $57.147 billion and a price-to-earnings ratio of 20.21.

Halliburton Company (NYSE:HAL) last announced its earnings results on Monday, July 21st. The company reported $0.91 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.91. The company had revenue of $8.10 billion for the quarter, compared to the consensus estimate of $7.88 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. Analysts expect that Halliburton Company will post $4.05 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 24th. Investors of record on Wednesday, September 3rd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Friday, August 29th.

Halliburton Company is an oilfield services company. The Company is provider of services and products to the energy industry related to the exploration, development, and production of oil and natural gas.

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