Analysts have been eager to weigh in on the Energy sector with new ratings on Halliburton (HAL – Research Report) and Baker Hughes Company (BKR – Research Report).
Halliburton (HAL)
Bank of America Securities analyst Saurabh Pant maintained a Buy rating on Halliburton yesterday and set a price target of $45.00. The company’s shares closed last Tuesday at $38.59.
According to TipRanks.com, Pant is a 3-star analyst with an average return of
Halliburton has an analyst consensus of Strong Buy, with a price target consensus of $49.40, implying a 25.9% upside from current levels. In a report issued on April 8, Piper Sandler also maintained a Buy rating on the stock with a $49.00 price target.
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Baker Hughes Company (BKR)
In a report released yesterday, Roger Read from Wells Fargo maintained a Hold rating on Baker Hughes Company, with a price target of $35.00. The company’s shares closed last Tuesday at $33.00.
According to TipRanks.com, Read is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baker Hughes Company with a $41.06 average price target, a 27.4% upside from current levels. In a report issued on April 11, UBS also maintained a Hold rating on the stock with a $36.00 price target.
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Read More on HAL:
- Halliburton Q1 Financial Performance Update Released
- Halliburton put volume heavy and directionally bearish
- Halliburton price target raised to $45 from $43 at BofA
- 3 Best Energy Stocks to Buy in April 2024, According to Analysts
- Halliburton (NYSE:HAL): Analysts View This S&P 500 Stock as a Long-Term Winner
