Halma’s (LON:HLMA) “Hold” Rating Reiterated at Numis Securities

Halma (LON:HLMA)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities in a research note issued on Thursday, June 6th, ThisIsMoney.Co.Uk reports.

HLMA has been the topic of a number of other research reports. Berenberg Bank reiterated a “hold” rating and set a GBX 1,560 ($20.38) price target on shares of Halma in a report on Friday, February 8th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,675 ($21.89) price target (up previously from GBX 1,390 ($18.16)) on shares of Halma in a research report on Wednesday, April 3rd. BNP Paribas cut Halma to a “neutral” rating and boosted their price target for the stock from GBX 1,550 ($20.25) to GBX 1,650 ($21.56) in a research report on Wednesday, April 10th. Deutsche Bank boosted their price objective on Halma from GBX 1,490 ($19.47) to GBX 1,960 ($25.61) and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Finally, Shore Capital reissued a “hold” rating on shares of Halma in a research report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,702.50 ($22.25).

Shares of HLMA traded down GBX 8 ($0.10) during midday trading on Thursday, reaching GBX 2,020 ($26.39). The stock had a trading volume of 2,235,307 shares, compared to its average volume of 921,195. Halma has a 52 week low of GBX 1,215 ($15.88) and a 52 week high of GBX 2,050 ($26.79). The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 26.79. The firm has a 50 day moving average of GBX 1,887.24. The firm has a market cap of $7.66 billion and a P/E ratio of 45.09.

Halma Company Profile

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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Analyst Recommendations for Halma (LON:HLMA)

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