Deutsche Bank AG Trims Halma plc (HLMA) Target Price to GBX 1,148
Halma plc (LON:HLMA) had its price target lowered by stock analysts at Deutsche Bank AG from GBX 1,177 ($14.71) to GBX 1,148 ($14.34) in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank AG’s target price would suggest a potential upside of 18.23% from the company’s previous close.
Other equities research analysts have also issued research reports about the stock. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,070 ($13.37) price objective on shares of Halma plc in a report on Wednesday. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 1,040 ($12.99) price objective on shares of Halma plc in a report on Thursday, August 11th. JPMorgan Chase & Co. upped their price objective on shares of Halma plc from GBX 860 ($10.74) to GBX 905 ($11.31) and gave the company a “neutral” rating in a report on Monday, November 7th. Morgan Stanley started coverage on shares of Halma plc in a research note on Thursday, October 27th. They set an “overweight” rating and a GBX 1,250 ($15.62) target price for the company. Finally, Jefferies Group increased their target price on shares of Halma plc from GBX 925 ($11.56) to GBX 1,210 ($15.12) and gave the stock a “buy” rating in a research note on Wednesday, August 31st. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,009 ($12.61).
Halma plc (LON:HLMA) opened at 971.00 on Wednesday. Halma plc has a 12 month low of GBX 773.50 and a 12 month high of GBX 1,131.00. The stock’s market cap is GBX 3.67 billion. The stock has a 50 day moving average of GBX 1,050.51 and a 200-day moving average of GBX 1,016.60.
The company also recently announced a dividend, which will be paid on Wednesday, February 8th. Investors of record on Thursday, December 29th will be issued a GBX 5.33 ($0.07) dividend. The ex-dividend date is Thursday, December 29th. This represents a yield of 0.55%.
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About Halma plc
Halma plc is involved in the manufacture of a range of products that protect and improve the quality of life for people. The Company operates through four segments: Process Safety, Infrastructure Safety, Medical, and Environmental & Analysis. The Process Safety includes products, which protect assets and people at work, including specialized interlocks, instruments, and explosion protection and corrosion monitoring products.
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