Halma plc (HLMA) Given Average Rating of “Hold” by Brokerages
Shares of Halma plc (LON:HLMA) have been given a consensus rating of “Hold” by the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 1,125.56 ($14.80).
Several equities analysts have recently issued reports on the company. Barclays PLC cut Halma plc to an “equal weight” rating and lifted their price target for the company from GBX 1,150 ($15.13) to GBX 1,160 ($15.26) in a research report on Thursday, August 17th. Liberum Capital reiterated a “sell” rating and set a GBX 910 ($11.97) price target on shares of Halma plc in a research report on Wednesday, September 27th. Shore Capital assumed coverage on Halma plc in a research report on Thursday, August 31st. They set a “hold” rating on the stock. Deutsche Bank AG reiterated a “buy” rating and set a GBX 1,250 ($16.44) price target on shares of Halma plc in a research report on Thursday, November 2nd. Finally, J P Morgan Chase & Co lowered their price target on Halma plc from GBX 1,065 ($14.01) to GBX 1,055 ($13.88) and set a “neutral” rating on the stock in a research report on Thursday, September 28th.
In other news, insider Andrew Williams sold 49,651 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of GBX 1,095 ($14.40), for a total value of £543,678.45 ($715,084.11). Also, insider Tony Rice bought 9,274 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The stock was acquired at an average cost of GBX 1,073 ($14.11) per share, with a total value of £99,510.02 ($130,882.57).
Halma plc (HLMA) opened at GBX 1,248 ($16.41) on Friday. Halma plc has a 1 year low of GBX 879.50 ($11.57) and a 1 year high of GBX 1,250 ($16.44).
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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