Halma plc (HLMA) Given Average Rating of “Hold” by Brokerages
Shares of Halma plc (LON:HLMA) have received a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,169.44 ($15.74).
Several brokerages have issued reports on HLMA. Credit Suisse Group restated an “outperform” rating on shares of Halma in a research note on Friday, October 13th. Liberum Capital reiterated a “sell” rating and set a GBX 910 ($12.25) price target on shares of Halma in a research report on Wednesday, August 30th. Shore Capital upgraded Halma to a “buy” rating in a research report on Tuesday, November 21st. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 1,055 ($14.20) price target on shares of Halma in a research report on Thursday, November 2nd. Finally, Deutsche Bank reiterated a “buy” rating and set a GBX 1,250 ($16.82) price target on shares of Halma in a research report on Thursday, November 2nd.
Shares of Halma (LON HLMA) opened at GBX 1,275.72 ($17.17) on Thursday. Halma has a 1 year low of GBX 879.50 ($11.84) and a 1 year high of GBX 1,341 ($18.05).
In other news, insider Jo Harlow purchased 2,000 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was purchased at an average cost of GBX 1,280 ($17.23) per share, with a total value of £25,600 ($34,454.91). Also, insider Tony Rice acquired 9,274 shares of Halma stock in a transaction dated Wednesday, September 27th. The shares were bought at an average cost of GBX 1,073 ($14.44) per share, with a total value of £99,510.02 ($133,930.04).
Halma plc is involved in the manufacture of a range of products that protect and improve the quality of life for people. The Company operates through four segments: Process Safety, Infrastructure Safety, Medical, and Environmental & Analysis. The Process Safety includes products, which protect assets and people at work, including specialized interlocks, instruments, and explosion protection and corrosion monitoring products.
Receive News & Ratings for Halma plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halma plc and related companies with MarketBeat.com's FREE daily email newsletter.