Halliburton Company (NYSE:HAL)‘s stock had its “buy” rating restated by investment analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Saturday.

Other analysts also recently issued research reports about the stock. Jefferies Group LLC set a $69.00 price target on shares of Halliburton and gave the company a “buy” rating in a research note on Monday, April 24th. BMO Capital Markets set a $65.00 price target on shares of Halliburton and gave the company a “buy” rating in a research note on Monday, April 24th. Deutsche Bank AG decreased their price target on shares of Halliburton from $64.00 to $57.00 and set a “buy” rating for the company in a research note on Tuesday, April 25th. HSBC Holdings plc started coverage on shares of Halliburton in a research note on Wednesday, April 19th. They set a “buy” rating and a $65.00 price target for the company. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $65.00 price target on shares of Halliburton in a research note on Monday, April 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $59.85.

Shares of Halliburton (NYSE:HAL) traded down 2.20% on Friday, reaching $44.38. The company had a trading volume of 11,819,179 shares. The firm’s market capitalization is $38.52 billion. Halliburton has a 52 week low of $40.12 and a 52 week high of $58.78. The stock’s 50 day moving average is $43.66 and its 200 day moving average is $49.22. Halliburton also was the recipient of some unusual options trading activity on Wednesday. Traders acquired 11,959 put options on the stock. This is an increase of approximately 171% compared to the average daily volume of 4,407 put options.

Halliburton (NYSE:HAL) last posted its quarterly earnings results on Monday, April 24th. The oilfield services company reported $0.04 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.01. Halliburton had a negative net margin of 21.19% and a negative return on equity of 0.48%. The firm had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the previous year, the firm posted $0.07 earnings per share. The company’s revenue was up 1.9% on a year-over-year basis. On average, equities analysts anticipate that Halliburton will post $1.01 EPS for the current year.

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In other Halliburton news, Director William E. Albrecht bought 8,000 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The stock was bought at an average cost of $46.33 per share, for a total transaction of $370,640.00. Following the completion of the transaction, the director now directly owns 8,000 shares of the company’s stock, valued at approximately $370,640. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.46% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of HAL. Fund Evaluation Group LLC increased its position in Halliburton by 0.4% in the first quarter. Fund Evaluation Group LLC now owns 4,406 shares of the oilfield services company’s stock worth $217,000 after buying an additional 16 shares in the last quarter. Perigon Wealth Management LLC increased its position in Halliburton by 0.8% in the first quarter. Perigon Wealth Management LLC now owns 2,049 shares of the oilfield services company’s stock worth $101,000 after buying an additional 17 shares in the last quarter. Buckhead Capital Management LLC increased its position in Halliburton by 0.3% in the first quarter. Buckhead Capital Management LLC now owns 7,340 shares of the oilfield services company’s stock worth $361,000 after buying an additional 20 shares in the last quarter. Appleton Partners Inc. MA increased its position in Halliburton by 0.4% in the second quarter. Appleton Partners Inc. MA now owns 5,158 shares of the oilfield services company’s stock worth $220,000 after buying an additional 21 shares in the last quarter. Finally, Ledyard National Bank increased its position in Halliburton by 1.1% in the first quarter. Ledyard National Bank now owns 2,319 shares of the oilfield services company’s stock worth $114,000 after buying an additional 25 shares in the last quarter. Institutional investors own 79.67% of the company’s stock.

Halliburton Company Profile

Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.

Analyst Recommendations for Halliburton (NYSE:HAL)

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