Company Update (NYSE:HAL): Halliburton Company to Present at the Barclays CEO Energy-Power Conference
Halliburton Company (NYSE:HAL) announced that it will present at the Barclays CEO Energy-Power Conferenceon Tuesday, September 8, 2015, at 10:45 a.m. Central time (11:45 a.m. Eastern time). (Original Source)
Shares of Halliburton closed today at $37.70, down $1.60, or 4.07%. HAL has a 1-year high of $70.50 and a 1-year low of $37.21. The stock’s 50-day moving average is $41.32 and its 200-day moving average is $43.76.
On the ratings front, Halliburton has been the subject of a number of recent research reports. In a report issued on August 12, Deutsche Bank analyst Mike Urban maintained a Buy rating on HAL, with a price target of $68, which represents a potential upside of 80.4% from where the stock is currently trading. Separately, on July 23, Morgan Stanley’s Ole Slorer maintained a Buy rating on the stock and has a price target of $62.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Mike Urban and Ole Slorer have a total average return of -4.5% and -5.8% respectively. Urban has a success rate of 38.5% and is ranked #3431 out of 3741 analysts, while Slorer has a success rate of 37.5% and is ranked #3406.
Halliburton Co is a provider of services and products to the energy industry related to the exploration, development, and production of oil and natural gas.