Halma (LON:HLMA) Stock Rating Reaffirmed by Credit Suisse Group

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.

In other Halma news, insider Adam Meyers sold 20,437 shares of the business’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of GBX 1,982 ($25.90), for a total transaction of £405,061.34 ($529,284.39).

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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