Where Does Wall Street Think Halliburton Company (HAL) Stock Will Go?

Monday, July 6, 2020 9:47 AM | InvestorsObserver Analysts

Analysts who follow Halliburton Company (HAL) on average expect it to fall -9.73% over the next twelve months. Those same analysts give the stock an average rating of Buy.

That average rating earns the stock an Analyst Ranking of 17, which means it ranks higher than 17 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.1
Wall Street analysts are rating HAL a Buy today. Find out what this means to you and get the rest of the rankings on HAL!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.

Investors Observer takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Halliburton Company Stock Today?

Halliburton Company (HAL) stock is trading at $12.95 as of 9:33 AM on Monday, Jul 6, a rise of $0.38, or 3.02% from the previous closing price of $12.57. The stock has traded between $12.92 and $13.07 so far today. Volume today is low. So far 69,967 shares have traded compared to average volume of 21,018,941 shares.

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