Halliburton Price Target Adjustments: A Summary of Analyst Ratings

In-Depth Analysis

Halliburton Company (HAL) provides a wide range of services to the oil and gas industry. Recent analyst ratings provide a mixed view of the company's potential. Citigroup adjusted its price target on May 5, 2025, to $29 from $31, maintaining a Buy rating. Earlier, Goldman Sachs also adjusted its price target to $24 from $27. Other firms like Jefferies and Argus have also adjusted their price targets, reflecting varied expectations. These adjustments often consider factors like oil prices, spending by oil producers, and potential impacts from tariffs. Keeping track of these revisions can help investors understand the evolving sentiment around Halliburton's stock.

Halliburton's business is divided into construction and production services (57.8%) and drilling and inspection services (42.2%). Most of its revenue comes from North America (41.9%), followed by the Middle East and Asia (26.6%), Latin America (18.4%), and other regions (13.1%). As of 2025, the company employs approximately 48,000 people. The average analyst target price is $29.34 USD, which represents a +50.91% spread from the last close price.

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FAQ

Takeaways

• Monitor analyst ratings and price target adjustments to understand market sentiment.
• Consider the factors influencing these adjustments, such as oil prices and industry trends.
• Halliburton's diverse service offerings and geographic distribution provide a buffer against regional economic downturns.

Discussion

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