Halma plc (HLMA) PT Lowered to GBX 1,055 at J P Morgan Chase & Co
Halma plc (LON:HLMA) had its price objective trimmed by J P Morgan Chase & Co from GBX 1,065 ($14.32) to GBX 1,055 ($14.19) in a research note issued to investors on Thursday morning, MarketBeat.com reports. The brokerage currently has a neutral rating on the stock.
Several other research firms have also commented on HLMA. HSBC Holdings plc lowered shares of Halma plc to a hold rating and lifted their price target for the company from GBX 1,150 ($15.47) to GBX 1,200 ($16.14) in a report on Wednesday, June 14th. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 1,250 ($16.81) price target on shares of Halma plc in a report on Monday, June 19th. Liberum Capital reaffirmed a sell rating and issued a GBX 910 ($12.24) price target on shares of Halma plc in a report on Tuesday, June 6th. Shore Capital reaffirmed a not rated rating on shares of Halma plc in a report on Tuesday, June 13th. Finally, Barclays PLC lowered shares of Halma plc to an equal weight rating and lifted their price target for the company from GBX 1,150 ($15.47) to GBX 1,160 ($15.60) in a report on Thursday, August 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 1,113 ($14.97).
Shares of Halma plc (LON:HLMA) opened at 1120.00 on Thursday. Halma plc has a one year low of GBX 879.50 and a one year high of GBX 1,182.00. The stock has a 50 day moving average of GBX 1,098.51 and a 200-day moving average of GBX 1,079.86. The stock’s market capitalization is GBX 4.24 billion.
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In other news, insider Tony Rice bought 9,274 shares of Halma plc stock in a transaction on Wednesday, September 27th. The stock was purchased at an average cost of GBX 1,073 ($14.43) per share, with a total value of £99,510.02 ($133,821.97). Also, insider Andrew Williams sold 49,651 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of GBX 1,095 ($14.73), for a total transaction of £543,678.45 ($731,143.69).
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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