Fintel reports that on September 18, 2024, DBS Bank initiated coverage of Halliburton (LSE:0R23) with a Buy recommendation.
Analyst Price Forecast Suggests 62.35% Upside
As of August 26, 2024, the average one-year price target for Halliburton is 45.09 GBX/share. The forecasts range from a low of 39.50 GBX to a high of 52.65 GBX. The average price target represents an increase of 62.35% from its latest reported closing price of 27.78 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Halliburton is 26,639MM, an increase of 14.92%. The projected annual non-GAAP EPS is 3.68.
What is the Fund Sentiment?
There are 1,729 funds or institutions reporting positions in Halliburton. This is an decrease of 28 owner(s) or 1.59% in the last quarter. Average portfolio weight of all funds dedicated to 0R23 is 0.22%, an increase of 12.08%. Total shares owned by institutions increased in the last three months by 3.23% to 948,965K shares.
What are Other Shareholders Doing?
Capital World Investors holds 120,113K shares representing 13.61% ownership of the company. In its prior filing, the firm reported owning 121,929K shares , representing a decrease of 1.51%. The firm decreased its portfolio allocation in 0R23 by 16.83% over the last quarter.
Price T Rowe Associates holds 44,186K shares representing 5.01% ownership of the company. In its prior filing, the firm reported owning 61,090K shares , representing a decrease of 38.26%. The firm decreased its portfolio allocation in 0R23 by 39.49% over the last quarter.
ABALX - AMERICAN BALANCED FUND holds 39,413K shares representing 4.46% ownership of the company. No change in the last quarter.
AWSHX - WASHINGTON MUTUAL INVESTORS FUND holds 31,070K shares representing 3.52% ownership of the company. In its prior filing, the firm reported owning 33,197K shares , representing a decrease of 6.85%. The firm decreased its portfolio allocation in 0R23 by 4.42% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 25,070K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 25,150K shares , representing a decrease of 0.32%. The firm decreased its portfolio allocation in 0R23 by 16.93% over the last quarter.
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