Northland Securities analyst Douglas Becker maintained a Hold rating on Halliburton Company (NYSE:HAL) on Wednesday, setting a price target of $20, which is approximately 4.71% above the present share price of $19.1.
Becker expects Halliburton Company to post earnings per share (EPS) of -$0.27 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Halliburton, with an average price target of $22.13.
The analysts price targets range from a high of $29 to a low of $15.8.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.24 billion and a net profit of $350 million. The company's market cap is $16.97 billion.
According to TipRanks.com, Northland Securities analyst Douglas Becker is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 27.5% and a 55.26% success rate.
Halliburton Co . engages in the provision of services and products to the energy industry related to the exploration, development, and production of oil and natural gas. It operates through the following segments: Completion and Production, and Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. The company was founded by Erle P. Halliburton in 1919 and is headquartered in Houston, TX.