Stock Rating Downgrade
The Value Trend Rating for Halliburton Co (NYSE: HAL) weakened in the last week from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Halliburton Co (NYSE: HAL) stock closed at $31.94 on 11/22/24 after a slight gain of 0.2%. NORMAL trading volume accompanied the advance. The stock has risen 6.1% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Halliburton has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Halliburton has a slightly positive Appreciation Score of 67 but a poor Power Rating of 18, producing the Negative Value Trend Rating.
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