Halma plc (HLMA) Receives “Outperform” Rating from Credit Suisse Group AG
Halma plc (LON:HLMA)‘s stock had its “outperform” rating reiterated by analysts at Credit Suisse Group AG in a research note issued to investors on Friday. They currently have a GBX 1,040 ($13.58) target price on the stock. Credit Suisse Group AG’s price target would indicate a potential downside of 0.67% from the stock’s previous close.
HLMA has been the topic of several other research reports. HSBC cut shares of Halma plc to a “hold” rating and boosted their price target for the stock from GBX 975 ($12.73) to GBX 1,050 ($13.71) in a research report on Tuesday, August 16th. Jefferies Group boosted their price target on shares of Halma plc from GBX 925 ($12.07) to GBX 1,210 ($15.79) and gave the stock a “buy” rating in a research report on Wednesday, August 31st. BNP Paribas restated a “neutral” rating and issued a GBX 900 ($11.75) price target on shares of Halma plc in a research report on Monday, June 27th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 860 ($11.23) price target on shares of Halma plc in a research report on Monday, June 27th. Finally, Barclays PLC restated an “equal weight” rating and issued a GBX 850 ($11.10) price target on shares of Halma plc in a research report on Friday, July 22nd. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 944.50 ($12.33).
Shares of Halma plc (LON:HLMA) opened at 1047.00 on Friday. Halma plc has a 52-week low of GBX 707.61 and a 52-week high of GBX 1,098.00. The stock has a 50 day moving average of GBX 1,055.44 and a 200 day moving average of GBX 976.11. The stock’s market capitalization is GBX 3.96 billion.
In other news, insider Meyers,Adam sold 25,311 shares of the business’s stock in a transaction on Saturday, August 6th. The shares were sold at an average price of GBX 1,065 ($13.90), for a total transaction of £269,562.15 ($351,862.88).
Halma plc Company Profile
Halma plc is a United Kingdom-based company, which is engaged in developing products that secure and protect the elements critical to lives. The Company’s products save lives, prevent injuries, and protect people and assets around the world. The Company operates in four segments: Process Safety, which provides products that protect assets and people at work; Infrastructure Safety, which includes products that detect hazards to protect assets and people in public spaces and commercial buildings; Medical, which includes products that improve personal and public health, and Environmental & Analysis, which includes products and technologies for analysis in safety, life sciences and environmental markets.
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