http://www.americanbankingnews.com/getthestreet reissued their buy rating on shares of Halliburton (NYSE: HAL) in a research report released on Tuesday morning.

“Halliburton Company (HAL) has been reiterated by TheStreet Ratings as a buy with a ratings score of B . The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”

,” TheStreet’s analyst commented.

Shares of Halliburton traded up 0.10% during mid-day trading on Tuesday, hitting $41.88. Halliburton has a 52 week low of $26.28 and a 52 week high of $43.96. The stock’s 50-day moving average is currently $40.91. The company has a market cap of $39.024 billion and a P/E ratio of 14.72.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, March 27th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.13 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Monday, March 4th. This is an increase from Halliburton’s previous quarterly dividend of $0.09.

Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an outperform rating on shares of Halliburton in a research note to investors on Thursday, March 7th. They now have a $45.00 price target on the stock. Separately, analysts at Macquarie reiterated an outperform rating on shares of Halliburton in a research note to investors on Friday, March 1st. They now have a $49.00 price target on the stock. Finally, analysts at JPMorgan Chase upgraded shares of Halliburton to an overweight rating in a research note to investors on Tuesday, February 19th.

Twenty-four investment analysts have rated the stock with a buy rating, four have given an overweight rating, and seven have issued a hold rating to the company’s stock. The company presently has an average rating of overweight and a consensus target price of $48.89.

Halliburton Company is an oilfield services company. The Company is provider of services and products to the energy industry related to the exploration, development, and production of oil and natural gas.

To view TheStreet’s full report, visit www.thestreetratings.com

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