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 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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