Credit Suisse Group reissued their outperform rating on shares of Halma (LON:HLMA) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.
A number of other research firms have also recently issued reports on HLMA. Morgan Stanley lifted their price target on Halma from GBX 1,560 ($20.38) to GBX 1,600 ($20.91) and gave the company an equal weight rating in a report on Thursday, July 11th. Goldman Sachs Group reissued a neutral rating on shares of Halma in a report on Friday, October 11th. JPMorgan Chase & Co. boosted their price objective on Halma from GBX 1,420 ($18.55) to GBX 1,500 ($19.60) and gave the stock an underweight rating in a report on Friday, October 11th. UBS Group reissued a neutral rating on shares of Halma in a report on Friday, October 11th. Finally, Deutsche Bank reissued a buy rating on shares of Halma in a report on Friday, July 12th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 1,714.50 ($22.40).
Halma stock opened at GBX 1,854 ($24.23) on Thursday. The stock has a 50-day simple moving average of GBX 1,950.69 and a 200 day simple moving average of GBX 1,906.22. The company has a quick ratio of 1.51, a current ratio of 2.28 and a debt-to-equity ratio of 26.79. Halma has a 12-month low of GBX 1,221 ($15.95) and a 12-month high of GBX 2,099 ($27.43). The stock has a market capitalization of $7.04 billion and a price-to-earnings ratio of 41.38.
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.
Further Reading: Support Level
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