Halma plc (HLMA) Given Average Rating of “Hold” by Brokerages
Halma plc (LON:HLMA) has earned an average recommendation of “Hold” from the ten ratings firms that are covering the company. Eight research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 944.50 ($11.69).
Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Halma plc from GBX 720 ($8.91) to GBX 750 ($9.28) and gave the stock an “underweight” rating in a research report on Wednesday, June 15th. Numis Securities Ltd increased their price target on Halma plc from GBX 920 ($11.39) to GBX 1,160 ($14.36) and gave the company an “add” rating in a research report on Thursday, July 21st. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 1,040 ($12.87) price target on shares of Halma plc in a research report on Monday, July 4th. BNP Paribas reissued a “neutral” rating and set a GBX 900 ($11.14) price target on shares of Halma plc in a research report on Monday, June 27th. Finally, Barclays PLC reissued an “equal weight” rating and set a GBX 850 ($10.52) price target on shares of Halma plc in a research report on Friday, July 22nd.
Shares of Halma plc (LON:HLMA) traded up 0.27% on Thursday, hitting GBX 1109.00. The company had a trading volume of 541,518 shares. The firm’s market capitalization is GBX 4.20 billion. The firm has a 50 day moving average of GBX 1,058.97 and a 200-day moving average of GBX 989.51. Halma plc has a 12-month low of GBX 707.61 and a 12-month high of GBX 1,131.00.
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In other news, insider Meyers,Adam sold 25,311 shares of the stock in a transaction that occurred on Saturday, August 6th. The stock was sold at an average price of GBX 1,065 ($13.18), for a total transaction of £269,562.15 ($333,616.52).
About Halma plc
Halma plc is a United Kingdom-based company, which is engaged in developing products that secure and protect the elements critical to lives. The Company’s products save lives, prevent injuries, and protect people and assets around the world. The Company operates in four segments: Process Safety, which provides products that protect assets and people at work; Infrastructure Safety, which includes products that detect hazards to protect assets and people in public spaces and commercial buildings; Medical, which includes products that improve personal and public health, and Environmental & Analysis, which includes products and technologies for analysis in safety, life sciences and environmental markets.
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