Expert Ratings For Halliburton
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for Halliburton (NYSE:HAL) show a positive trend, with 5 analysts offering perspectives ranging from bullish to somewhat bullish over the last three months. The average 12-month price target for HAL has been raised to $48.2, reflecting a 2.55% increase from the previous target of $47.00. Halliburton's financial performance includes a revenue growth rate of 2.81% for the last quarter of 2023, a net margin of 11.52%, and an ROE of 7.13%, indicating strong profitability and financial management despite lagging behind industry peers in revenue growth.
April 24, 2024 | 7:01 pm
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POSITIVE IMPACT
Halliburton has received positive analyst ratings, with an updated average 12-month price target of $48.2. The company's financial indicators such as revenue growth, net margin, ROE, and ROA demonstrate strong performance and effective management.
The positive analyst ratings and raised price target reflect confidence in Halliburton's market position and financial health. The company's strong financial performance, including revenue growth and profitability metrics, supports a bullish outlook in the short term. The increase in the average price target suggests analysts expect the stock to perform well, potentially leading to an increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100