Halma (LON:HLMA) had its target price increased by Deutsche Bank from GBX 1,960 ($25.61) to GBX 2,075 ($27.11) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 3.88% from the stock’s previous close.
HLMA has been the subject of a number of other research reports. JPMorgan Chase & Co. lifted their target price on shares of Halma from GBX 1,185 ($15.48) to GBX 1,420 ($18.55) and gave the company an “underweight” rating in a research note on Wednesday. Jefferies Financial Group reissued a “hold” rating and set a GBX 1,675 ($21.89) target price (up previously from GBX 1,390 ($18.16)) on shares of Halma in a research note on Wednesday, April 3rd. BNP Paribas lowered shares of Halma to a “neutral” rating and lifted their target price for the company from GBX 1,550 ($20.25) to GBX 1,650 ($21.56) in a research note on Wednesday, April 10th. UBS Group reissued a “sell” rating on shares of Halma in a research note on Friday, June 7th. Finally, Shore Capital reissued a “hold” rating on shares of Halma in a research note on Thursday, March 21st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,646.67 ($21.52).
Shares of LON:HLMA opened at GBX 1,997.50 ($26.10) on Friday. The firm has a market cap of $7.57 billion and a price-to-earnings ratio of 45.29. Halma has a 12-month low of GBX 1,215 ($15.88) and a 12-month high of GBX 1,892 ($24.72). The company has a debt-to-equity ratio of 28.15, a current ratio of 2.38 and a quick ratio of 1.63.
Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.
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