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Shares of Halma plc (LON:HLMA) have received an average recommendation of “Hold” from the seven ratings firms that are covering the stock, American Banking News.com reports. Five research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 603.29 ($10.24).

Shares of Halma plc (LON:HLMA) opened at 597.00 on Wednesday. Halma plc has a 52 week low of GBX 477.10 and a 52 week high of GBX 629.50. The stock’s 50-day moving average is GBX 581.0 and its 200-day moving average is GBX 588.8. The company’s market cap is £2.256 billion.

The company also recently announced a dividend, which is scheduled for Wednesday, August 20th. Shareholders of record on Wednesday, July 16th will be paid a dividend of GBX 6.82 ($0.12) per share. This represents a dividend yield of 1.11%. The ex-dividend date is Wednesday, July 16th.

A number of research firms have recently commented on HLMA. Analysts at Credit Suisse raised their price target on shares of Halma plc from GBX 620 ($10.52) to GBX 665 ($11.29) in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Investec cut their price target on shares of Halma plc from GBX 700 ($11.88) to GBX 685 ($11.63) in a research note on Thursday, June 12th. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Halma plc in a research note on Thursday, June 12th. They now have a GBX 650 ($11.03) price target on the stock, up previously from GBX 65 ($1.10).

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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