Numis Securities Ltd Reiterates “Add” Rating for Halma (HLMA)
Halma (LON:HLMA)‘s stock had its “add” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday, ARN reports. They currently have a GBX 575 ($9.18) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 7.58% from the company’s current price.
Halma (LON:HLMA) traded up 0.09% during mid-day trading on Tuesday, hitting GBX 534.50. 1,201,473 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 £2.018 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Halma in a research note to investors on Monday. They now have a GBX 620 ($9.90) price target on the stock. Separately, analysts at Barclays 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. Finally, 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. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 551.26 ($8.80).
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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