Halma plc (HLMA) Receives Average Rating of “Hold” from Brokerages

Halma plc (LON:HLMA) has been assigned an average recommendation of “Hold” from the eleven analysts that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 1,195.71 ($16.22).

HLMA has been the subject of several analyst reports. Deutsche Bank upped their target price on Halma from GBX 1,250 ($16.95) to GBX 1,490 ($20.21) and gave the company a “buy” rating in a research note on Monday, December 4th. Shore Capital upgraded Halma to a “buy” rating in a research note on Tuesday, November 21st. Barclays reiterated an “equal weight” rating and issued a GBX 1,220 ($16.54) target price on shares of Halma in a research note on Monday, December 18th. reiterated a “hold” rating and issued a GBX 1,200 ($16.27) target price on shares of Halma in a research note on Friday, September 29th. Finally, Numis Securities lowered Halma to a “hold” rating and set a GBX 1,350 ($18.31) target price for the company. in a research note on Wednesday, November 22nd.

Halma (HLMA) opened at GBX 1,273 ($17.26) on Friday. The firm has a market capitalization of $4,830.00 and a price-to-earnings ratio of 3,440.54. Halma has a 1-year low of GBX 913 ($12.38) and a 1-year high of GBX 1,341 ($18.19).

The company also recently declared a dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Thursday, December 28th will be paid a dividend of GBX 5.71 ($0.08) per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a yield of 0.44%.

In other news, insider Jo Harlow purchased 2,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was bought at an average cost of GBX 1,280 ($17.36) per share, for a total transaction of £25,600 ($34,716.57).

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Halma Company Profile

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.

Analyst Recommendations for Halma (LON:HLMA)

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