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Halliburton Company (NYSE:HAL) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Halliburton Company (NYSE:HAL) has received a “Moderate Buy” consensus rating from twenty-three brokerages, with an average 1-year price target of approximately $37.81, near its current share price of $38. The company recently reported better-than-expected Q1 results and signaled an early recovery in North America, despite a projected Q2 EPS headwind due to Iran-related disruptions. While insiders sold shares, institutional investors maintain a significant ownership stake.