- Analysts certainly are positive on the company's longer-term prospects. The median analyst price target held by the 25 analysts who cover the stock is $44 a share. The low target among these analysts is $38 a share.
- The stock is selling near the bottom of its five-year valuation range, on the basis of price-to-sales, price-to-earnings, price-to-book and price-to-cash-flow.
- The company consistently gets a 15% to 20% return on invested capital (ROIC) and is selling for less than 10x forward earnings, a discount to its five-year average of 14.2x.
- Halliburton is selling near the bottom of the trading range it has been stuck in for a year and appears to have good technical support at just under the current price.
Why Halliburton Could Catch a Bounce
Nov 12, 2012 | 06:00 AM EST
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