Halma plc’s Hold Rating Reaffirmed at N+1 Singer (HLMA)
Halma plc (LON:HLMA)‘s stock had its “hold” rating reiterated by research analysts at N+1 Singer in a report released on Thursday. They currently have a GBX 600 ($10.25) price objective on the stock. N+1 Singer’s price target suggests a potential upside of 4.35% from the company’s current price.
Shares of Halma plc (LON:HLMA) traded up 1.59% during mid-day trading on Thursday, hitting GBX 575.00. The stock had a trading volume of 367,939 shares. Halma plc has a 52 week low of GBX 522.50 and a 52 week high of GBX 629.50. The stock has a 50-day moving average of GBX 586.3 and a 200-day moving average of GBX 587.5. The company’s market cap is £2.172 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, August 20th. Stockholders of record on Wednesday, July 16th will be given a dividend of GBX 6.82 ($0.12) per share. This represents a yield of 1.11%. The ex-dividend date of this dividend is Wednesday, July 16th.
A number of other analysts have also recently weighed in on HLMA. Analysts at Investec raised their price target on shares of Halma plc to GBX 620 ($10.59) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Halma plc in a research note on Wednesday, July 9th. They now have a GBX 665 ($11.36) price target on the stock. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 602.71 ($10.30).
Halma plc makes products, which protect life and improve the life for people worldwide. The Company operates in four sectors: Process Safety, Infrastructure Safety, Medical and Environmental and Analysis.
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