Halma Receives “Outperform” Rating from Credit Suisse (HLMA)
Halma (LON:HLMA)‘s stock had its “outperform” rating restated by research analysts at Credit Suisse in a report released on Wednesday, Stock Ratings Network reports. They currently have a GBX 620 ($9.69) price target on the stock, up from their previous price target of GBX 560 ($8.76). Credit Suisse’s price target would suggest a potential upside of 7.73% from the stock’s previous close.
Shares of Halma (LON:HLMA) opened at 580.50 on Wednesday. Halma has a one year low of GBX 408.90 and a one year high of GBX 586.50. The stock has a 50-day moving average of GBX 557.6 and a 200-day moving average of GBX 522.9. The company’s market cap is £2.192 billion.
HLMA has been the subject of a number of other recent research reports. Analysts at N+1 Singer reiterated a “hold” rating on shares of Halma (LON:HLMA) in a research note to investors on Thursday, July 25th. They now have a GBX 539 ($8.43) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Halma (LON:HLMA) in a research note to investors on Thursday, July 25th. They now have a GBX 575 ($8.99) price target on the stock. Finally, analysts at Investec raised their price target on shares of Halma (LON:HLMA) from GBX 550 ($8.60) to GBX 600 ($9.38) in a research note to investors on Thursday, July 25th. They now have a “buy” rating on the stock.
Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Halma presently has a consensus rating of “Buy” and an average price target of GBX 545.09 ($8.52).
Halma p.l.c. is engaged in the business to make products, which protect lives and improve the quality of life for people worldwide.
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