Halma plc Given Consensus Recommendation of “Hold” by Brokerages (LON:HLMA)
Halma plc (LON:HLMA) has received a consensus recommendation of “Hold” from the seven brokerages that are covering the company, American Banking News.com reports. Five investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 602.71 ($10.23).
Halma plc (LON:HLMA) traded up 0.71% during mid-day trading on Tuesday, hitting GBX 570.50. 85,253 shares of the company’s stock traded hands. Halma plc has a 1-year low of GBX 525.00 and a 1-year high of GBX 629.50. The stock has a 50-day moving average of GBX 584.3 and a 200-day moving average of GBX 586.6. The company’s market cap is £2.155 billion.
HLMA has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Halma plc in a research note on Thursday, July 24th. They now have a GBX 665 ($11.29) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Halma plc in a research note on Thursday, July 24th. They now have a GBX 650 ($11.04) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Halma plc in a research note on Thursday, July 24th. They now have a GBX 600 ($10.19) price target on the stock.
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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