Halliburton Company which can be found using ticker (HAL) now have 26 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 54 and 34 calculating the mean target price we have $47.00. Given that the stocks previous close was at $40.70 this would imply there is now a potential upside of 15.5%. Also worth taking note is the 50 day moving average now sits at $35.55 and the 200 moving average now moves to $35.50. The total market capitalization for the company now stands at 36.37B. The stock price is currently at: 40.31 USD
The potential market cap would be $41,996,847,552 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 14.87, revenue per share of 24.79 and a 11.03% return on assets.
Halliburton Company is a provider of products and services to the energy industry. The Company operates through two segments: the Completion and Production segment and the Drilling and Evaluation segment. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, artificial lift, and completion products and services. The segment consists of the product service lines, such as production enhancement, cementing, completion tools, production solutions, pipeline & process services, and artificial lift. Its Drilling and Evaluation segment provides field and reservoir modeling, drilling, fluids and specialty chemicals, evaluation and precise wellbore placement solutions that enable customers to model, measure, drill, and optimize their well construction activities. It consists of product service lines including Sperry drilling, wireline and perforating, Halliburton project management, testing and subsea, drill bits, and services.
