Analysts at Susquehanna hoisted their target price on shares of Halliburton Company (TSE:HAL) from C$49.00 to C$54.00 in a research report issued to clients and investors on Tuesday, ARN reports. The firm currently has a “positive” rating on the stock. Susquehanna’s price objective suggests a potential upside of 336.54% from the stock’s previous close.
Shares of Halliburton Company (TSE: HAL) traded down 0.08% during mid-day trading on Tuesday, hitting $12.37. Halliburton Company has a one year low of $11.06 and a one year high of $12.63. The stock’s 50-day moving average is currently $12.04.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sterne Agee raised their price target on shares of Halliburton Company from C$45.00 to C$58.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Halliburton Company from C$50.00 to C$51.00 in a research note to investors on Tuesday. They now have an “outperform” rating on the stock. Finally, analysts at ISI Group raised their price target on shares of Halliburton Company from C$50.00 to C$55.00 in a research note to investors on Tuesday. They now have a “strong-buy” rating on the stock.
One analyst has rated the stock with a sell rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of C$54.06.