Latest news with #LloydByrne
Business Insider
17 hours ago
- Business
- Business Insider
Jefferies Sticks to Their Buy Rating for Halliburton (HAL)
Jefferies analyst Lloyd Byrne reiterated a Buy rating on Halliburton (HAL – Research Report) today and set a price target of $32.00. The company's shares closed yesterday at $20.57. Confident Investing Starts Here: Byrne covers the Energy sector, focusing on stocks such as Baker Hughes Company, Expand Energy, and Canadian Natural. According to TipRanks, Byrne has an average return of 18.1% and a 50.90% success rate on recommended stocks. In addition to Jefferies, Halliburton also received a Buy from Wells Fargo's Roger Read in a report issued on June 24. However, on June 26, RBC Capital maintained a Hold rating on Halliburton (NYSE: HAL). Based on Halliburton's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.42 billion and a net profit of $204 million. In comparison, last year the company earned a revenue of $5.8 billion and had a net profit of $606 million Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HAL in relation to earlier this year. Last month, Weiss Janet L, a Director at HAL bought 8,550.00 shares for a total of $169,119.00.
Business Insider
4 days ago
- Business
- Business Insider
Jefferies Keeps Their Buy Rating on Flowco Holdings Inc Class A (FLOC)
Jefferies analyst Lloyd Byrne reiterated a Buy rating on Flowco Holdings Inc Class A (FLOC – Research Report) today and set a price target of $32.00. The company's shares closed today at $17.82. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Byrne covers the Energy sector, focusing on stocks such as Baker Hughes Company, Expand Energy, and Canadian Natural. According to TipRanks, Byrne has an average return of 18.2% and a 52.06% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Flowco Holdings Inc Class A with a $33.80 average price target. The company has a one-year high of $30.50 and a one-year low of $15.83. Currently, Flowco Holdings Inc Class A has an average volume of 422.5K. Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FLOC in relation to earlier this year. Last month, Paul Hobby, a Director at FLOC bought 500.00 shares for a total of $9,500.00.
