Societe Generale Reiterates “Buy” Rating for Halliburton Company (HAL.F)

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Halliburton Company (NASDAQ: HAL.F)‘s stock had its “buy” rating restated by research analysts at Societe Generale in a report released on Friday, Stock Ratings Network.com reports. They currently have a $55.00 price objective on the stock.

Shares of Halliburton Company (NASDAQ: HAL.F) traded up 1.51% during mid-day trading on Friday, hitting $32.276. Halliburton Company has a 52 week low of $21.20 and a 52 week high of $35.638. The stock’s 50-day moving average is currently $27.07.

A number of other firms have also recently commented on HAL.F. Analysts at UBS AG raised their price target on shares of Halliburton Company from $48.00 to $53.00 in a research note to investors on Wednesday, March 27th. They now have a “buy” rating on the stock. Analysts at Guggenheim upgraded shares of Halliburton Company from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, March 21st. They now have a $48.00 price target on the stock, up previously from $42.00.

Five research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of $52.00.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, June 26th. Shareholders of record on Wednesday, June 5th will be paid a dividend of $0.13 per share. This represents a $0.50 annualized dividend and a dividend yield of Infinity.

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