Halma (HLMA) Given “Buy” Rating at Shore Capital

Halma (LON:HLMA)‘s stock had its “buy” rating restated by equities research analysts at Shore Capital in a note issued to investors on Thursday.

A number of other equities research analysts also recently issued reports on HLMA. Liberum Capital reiterated a “sell” rating and set a GBX 945 ($13.25) price objective on shares of Halma in a research note on Thursday, January 18th. Barclays reiterated an “equal weight” rating and set a GBX 1,220 ($17.11) price objective on shares of Halma in a research note on Monday, December 18th. JPMorgan Chase & Co. downgraded shares of Halma to an “underweight” rating in a research note on Friday, December 8th. Numis Securities reiterated a “hold” rating and set a GBX 1,350 ($18.93) price objective on shares of Halma in a research note on Tuesday, December 5th. Finally, Deutsche Bank increased their price objective on shares of Halma from GBX 1,250 ($17.53) to GBX 1,490 ($20.89) and gave the stock a “buy” rating in a research note on Monday, December 4th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,193 ($16.73).

Halma (HLMA) traded up GBX 4 ($0.06) during mid-day trading on Thursday, hitting GBX 1,179 ($16.53). 1,805,194 shares of the company traded hands, compared to its average volume of 979,506. Halma has a fifty-two week low of GBX 947.50 ($13.29) and a fifty-two week high of GBX 1,341 ($18.80). The firm has a market capitalization of $4,480.00 and a P/E ratio of 3,186.49.

In related news, insider Jo Harlow bought 2,000 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was purchased at an average price of GBX 1,280 ($17.95) per share, with a total value of £25,600 ($35,894.56).

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About Halma

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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