Halliburton Co. (NYSE:HAL) was downgraded by research
analysts at Societe Generale to a “hold” rating in a research note issued on
Monday.
A number of other equities analysts have also recently
issued reports on HAL. Citigroup Inc. restated a “buy” rating on shares of
Halliburton in a research report on Sunday, March 20th. JPMorgan Chase &
Co. restated an “overweight” rating on shares of Halliburton in a research
report on Wednesday, March 23rd. Royal Bank Of Canada restated a “buy” rating
and issued a $42.00 price objective on shares of Halliburton in a research
report on Wednesday, March 23rd. Barclays PLC boosted their price objective on shares
of Halliburton from $40.00 to $41.00 and gave the company an “overweight”
rating in a research report on Monday, March 28th. Finally, Simmons restated a
“buy” rating and issued a $43.00 price objective (up previously from $37.50) on
shares of Halliburton in a research report on Monday, March 28th. Eight
investment analysts have rated the stock with a hold rating, twenty-eight have
assigned a buy rating and two have assigned a strong buy rating to the
company’s stock. The stock has an average rating of “Buy” and an average price
target of $46.58.
Source: American Banking and Market News