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).
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).
TRADEMARK VIOLATION WARNING: This report was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The legal version of this report can be viewed at https://www.americanbankingnews.com/2018/01/26/halma-plc-hlma-receives-average-rating-of-hold-from-brokerages.html.
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.
Receive News & Ratings for Halma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halma and related companies with MarketBeat.com's FREE daily email newsletter.