There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on NEL ASA (NLLSF – Research Report) and Halliburton (HAL – Research Report) with bullish sentiments.
NEL ASA (NLLSF)
Goldman Sachs analyst Michele Della Vigna maintained a Buy rating on NEL ASA on October 23 and set a price target of NOK11.00. The company’s shares closed last Tuesday at $0.70, close to its 52-week low of $0.59.
According to TipRanks.com, Vigna is ranked #433 out of 8565 analysts.
Currently, the analyst consensus on NEL ASA is a Hold with an average price target of $0.87, a 39.1% upside from current levels. In a report released yesterday, HSBC also maintained a Buy rating on the stock with a NOK13.00 price target.
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Halliburton (HAL)
In a report released yesterday, Keith Mackey from RBC Capital maintained a Buy rating on Halliburton, with a price target of $45.00. The company’s shares closed last Tuesday at $40.23.
According to TipRanks.com, Mackey is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Halliburton with a $49.33 average price target, a 20.2% upside from current levels. In a report issued on October 16, Bank of America Securities also maintained a Buy rating on the stock with a $47.00 price target.
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