Halma plc (HLMA) Given “Equal weight” Rating at Barclays PLC
Halma plc (LON:HLMA)‘s stock had its “equal weight” rating reaffirmed by research analysts at Barclays PLC in a report released on Wednesday. They currently have a GBX 1,070 ($13.37) target price on the stock. Barclays PLC’s price target suggests a potential upside of 10.20% from the stock’s previous close.
Other analysts have also issued reports about the company. Credit Suisse Group AG restated an “outperform” rating and issued a GBX 1,040 ($12.99) price target on shares of Halma plc in a report on Thursday, August 11th. JPMorgan Chase & Co. boosted their price target on 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 assumed coverage on Halma plc in a report on Thursday, October 27th. They issued an “overweight” rating and a GBX 1,250 ($15.62) price target on the stock. Jefferies Group boosted their price target on Halma plc from GBX 925 ($11.56) to GBX 1,210 ($15.12) and gave the company a “buy” rating in a report on Wednesday, August 31st. Finally, HSBC lowered Halma plc to a “hold” rating and boosted their price target for the company from GBX 975 ($12.18) to GBX 1,050 ($13.12) in a report on Tuesday, August 16th. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,009 ($12.61).
Shares of 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 company’s market cap is GBX 3.67 billion. The firm has a 50 day moving average price of GBX 1,050.51 and a 200-day moving average price of GBX 1,016.60.
The firm also recently declared a dividend, which will be paid on Wednesday, February 8th. Shareholders of record on Thursday, December 29th will be given a dividend of GBX 5.33 ($0.07) per share. This represents a yield of 0.55%. The ex-dividend date of this dividend is Thursday, December 29th.
Halma plc Company Profile
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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