Halma (LON:HLMA) Stock Rating Reaffirmed by Shore Capital

Halma (LON:HLMAGet Rating)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a research note issued on Thursday, Marketbeat reports.

A number of other research analysts also recently commented on HLMA. Berenberg Bank lowered their price objective on Halma from GBX 2,980 ($36.01) to GBX 2,260 ($27.31) and set a “hold” rating for the company in a research note on Thursday, July 21st. JPMorgan Chase & Co. boosted their price target on Halma from GBX 2,415 ($29.18) to GBX 2,435 ($29.42) and gave the stock an “underweight” rating in a research report on Monday, June 20th. Jefferies Financial Group reduced their price target on Halma from GBX 1,960 ($23.68) to GBX 1,820 ($21.99) and set an “underperform” rating for the company in a research report on Monday, September 12th. Finally, Barclays reduced their price target on Halma from GBX 2,750 ($33.23) to GBX 2,100 ($25.37) and set an “equal weight” rating for the company in a research report on Thursday, June 23rd. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Halma presently has a consensus rating of “Hold” and an average price target of GBX 2,293.50 ($27.71).

Halma Price Performance

Shares of HLMA opened at GBX 2,037 ($24.61) on Thursday. The company has a market cap of £7.73 billion and a P/E ratio of 3,164.06. The stock has a fifty day moving average price of GBX 2,176.87 and a 200 day moving average price of GBX 2,242.56. The company has a debt-to-equity ratio of 30.80, a current ratio of 1.96 and a quick ratio of 1.26. Halma has a 12 month low of GBX 1,855.30 ($22.42) and a 12 month high of GBX 3,270 ($39.51).

Insider Activity

In other news, insider Andrew Williams sold 5,754 shares of the business’s stock in a transaction on Thursday, July 28th. The stock was sold at an average price of GBX 2,246 ($27.14), for a total transaction of ¬£129,234.84 ($156,156.16).

About Halma

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Halma plc, through its subsidiaries, provides technology solutions in the safety, health, and environmental markets. It operates through three segments: Safety, Environmental & Analysis, and Medical. The Safety segment provides fire detection, specialist fire suppression, elevator safety, security sensors, people and vehicle flow technologies, specialized interlocks that control critical processes safely, and explosion protection and corrosion monitoring systems.

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Analyst Recommendations for Halma (LON:HLMA)

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