Credit Suisse Reiterates Outperform Rating for Halma (HLMA)
Halma (LON:HLMA)‘s stock had its “outperform” rating reaffirmed by Credit Suisse in a research note issued on Monday, AnalystRatings.NET reports. They currently have a GBX 620 ($9.90) price objective on the stock. Credit Suisse’s price objective suggests a potential upside of 16.10% from the stock’s previous close.
A number of other analysts have also recently weighed in on HLMA. Analysts at Barclays Capital downgraded shares of Halma to an “equal weight” rating in a research note to investors on Wednesday, October 9th. They now have a GBX 540 ($8.62) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Halma in a research note to investors on Wednesday, October 2nd. They now have a GBX 510 ($8.14) price target on the stock. Finally, analysts at Investec raised their price target on shares of Halma from GBX 600 ($9.58) to GBX 635 ($10.14) in a research note to investors on Wednesday, September 18th. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 551.26 ($8.80).
Shares of Halma (LON:HLMA) traded down 0.37% during mid-day trading on Monday, hitting GBX 534.00. 947,536 shares of the company’s stock traded hands. Halma has a 1-year low of GBX 408.90 and a 1-year high of GBX 586.50. The stock has a 50-day moving average of GBX 563.5 and a 200-day moving average of GBX 526.4. The company’s market cap is £2.016 billion.
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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