Halma Price Target Raised to GBX 730 at Investec (HLMA)
Investec raised their target price on shares of Halma (LON:HLMA) from GBX 675 ($11.12) to GBX 730 ($12.03) in a research note issued on Monday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Investec’s price objective points to a potential upside of 18.51% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Halma in a research note to investors on Thursday, December 12th. They now have a GBX 620 ($10.22) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Halma from GBX 510 ($8.40) to GBX 540 ($8.90) in a research note to investors on Thursday, November 21st. They now have a “neutral” rating on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Halma in a research note to investors on Tuesday, November 19th. They now have a GBX 539 ($8.88) price target on the stock. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Halma currently has an average rating of “Hold” and an average price target of GBX 573.76 ($9.46).
Shares of Halma (LON:HLMA) opened at 613.50 on Monday. Halma has a one year low of GBX 442.00 and a one year high of GBX 624.50. The stock’s 50-day moving average is GBX 591.6 and its 200-day moving average is GBX 560.8. The company’s market cap is £2.317 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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