Wells Fargo analyst Christopher Voie maintained a Hold rating on Halliburton (HAL) yesterday. The company’s shares closed last Monday at $12.17.
According to TipRanks.com, Voie is a 1-star analyst with an average return of -4.8% and a 37.9% success rate. Voie covers the Industrial Goods sector, focusing on stocks such as Solaris Oilfield Infrastructure, Nextier Oilfield Solutions, and Ncs Multistage Holdings.
Halliburton has an analyst consensus of Moderate Buy, with a price target consensus of $15.53, a 27.0% upside from current levels. In a report issued on October 5, Barclays also maintained a Hold rating on the stock with a $14.00 price target.
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The company has a one-year high of $25.47 and a one-year low of $4.25. Currently, Halliburton has an average volume of 14.45M.
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Halliburton Co. engages in the provision of services and products to the energy industry related to the exploration, development, and production of oil and natural gas. It operates through the following segments: Completion and Production, and Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. The company was founded by Erle P. Halliburton in 1919 and is headquartered in Houston, TX.
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