Halma Given Outperform Rating at Credit Suisse (HLMA)
Halma (LON:HLMA)‘s stock had its “outperform” rating reiterated by stock analysts at Credit Suisse in a report issued on Thursday, StockRatingsNetwork reports. They currently have a GBX 620 ($10.03) price target on the stock. Credit Suisse’s price objective suggests a potential upside of 12.52% from the company’s current price.
Halma (LON:HLMA) traded up 0.45% on Thursday, hitting GBX 553.50. 114,806 shares of the company’s stock traded hands. Halma has a 52-week low of GBX 409.50 and a 52-week high of GBX 586.50. The stock’s 50-day moving average is GBX 556.3 and its 200-day moving average is GBX 531.3. The company’s market cap is £2.090 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Halma in a research note to investors on Tuesday, October 15th. They now have a GBX 575 ($9.30) 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 ($8.73) 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 ($8.25) price target on the stock. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 551.26 ($8.91).
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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