Halliburton Announces Third Quarter 2016 Results
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October 20, 2016 9:27 AM EDT
BMO Capital reiterated an Outperform rating on Halliburton (NYSE: HAL), and raised the price target to $58.00 (from $50.00), following the company's 3Q earnings report. HAL reported EPS of $0.01 with strong operating cashflow. EBITDA of $503mm beat consensus by 8%.
Analyst Daniel Boyd commented, "We... More
October 20, 2016 8:45 AM EDT
Jefferies reiterated a Buy rating and $58.00 price target on Halliburton (NYSE: HAL) following the company's 3Q earnings report. 2017 EPS estimates were raised by $0.10 based on higher NAM margins partially offset by lower NAM revenues and modestly lower International margins. The 2018 EPS estimate remains $3.00.... More
October 20, 2016 7:09 AM EDT
Nomura Securities analyst Matthew Johnston reiterated a Buy rating and lifted his price target on Halliburton (NYSE: HAL) to $61.00 (from $54.00) following Q3 results.
Johnston commented, "We continue to think HAL is the best way for investors to gain risk-adjusted exposure to an E&P... More
