Halma’s (HLMA) “Buy” Rating Reaffirmed at Stifel Nicolaus

Halma (LON:HLMA)‘s stock had its “buy” rating reissued by equities research analysts at Stifel Nicolaus in a research report issued to clients and investors on Thursday. They presently have a GBX 1,500 ($21.03) target price on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 27.23% from the stock’s current price.

A number of other research firms also recently weighed in on HLMA. Shore Capital upgraded Halma to a “buy” rating in a research note on Tuesday, November 21st. Numis Securities downgraded Halma to a “hold” rating and set a GBX 1,350 ($18.93) target price on the stock. in a research report on Wednesday, November 22nd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 1,055 ($14.79) target price on shares of Halma in a research report on Wednesday, November 22nd. Liberum Capital reiterated a “sell” rating and set a GBX 945 ($13.25) target price on shares of Halma in a research report on Thursday, January 18th. Finally, Deutsche Bank boosted their target price on Halma from GBX 1,250 ($17.53) to GBX 1,490 ($20.89) and gave the stock a “buy” rating in a research report on Monday, December 4th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. Halma has an average rating of “Hold” and an average price target of GBX 1,193 ($16.73).

Halma (LON:HLMA) traded up GBX 4 ($0.06) during trading on Thursday, hitting GBX 1,179 ($16.53). The company had a trading volume of 1,805,194 shares, compared to its average volume of 979,506. Halma has a 12-month low of GBX 947.50 ($13.29) and a 12-month high of GBX 1,341 ($18.80). The stock has a market capitalization of $4,480.00 and a P/E ratio of 3,186.49.

In related news, insider Jo Harlow purchased 2,000 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were acquired at an average cost of GBX 1,280 ($17.95) per share, for a total transaction 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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