Halma plc (LON:HLMA) has been given an average recommendation of “Hold” by the twelve analysts that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,560 ($20.38).
HLMA has been the topic of several analyst reports. UBS Group reaffirmed a “sell” rating on shares of Halma in a research report on Monday, January 21st. Credit Suisse Group reaffirmed an “outperform” rating on shares of Halma in a research report on Thursday, January 24th. BNP Paribas raised Halma to an “outperform” rating and upped their price objective for the company from GBX 1,350 ($17.64) to GBX 1,550 ($20.25) in a research report on Friday, January 25th. Berenberg Bank cut Halma to a “hold” rating and lowered their price objective for the company from GBX 1,570 ($20.51) to GBX 1,560 ($20.38) in a research report on Tuesday, January 29th. Finally, Numis Securities reaffirmed a “hold” rating and issued a GBX 1,400 ($18.29) price objective on shares of Halma in a research report on Monday, February 11th.
HLMA stock traded up GBX 14 ($0.18) during midday trading on Thursday, hitting GBX 1,810 ($23.65). The company’s stock had a trading volume of 2,033,638 shares, compared to its average volume of 921,195. The stock has a market capitalization of $6.86 billion and a PE ratio of 41.04. Halma has a 12 month low of GBX 1,215 ($15.88) and a 12 month high of GBX 1,829 ($23.90). The company has a current ratio of 2.38, a quick ratio of 1.63 and a debt-to-equity ratio of 28.15.
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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