Halma plc (LON:HLMA) had its price target lifted by stock analysts at Jefferies Group LLC from GBX 1,185 ($15.38) to GBX 1,265 ($16.42) in a research note issued to investors on Tuesday, August 8th. The brokerage currently has a “buy” rating on the stock. Jefferies Group LLC’s target price suggests a potential upside of 15.21% from the stock’s previous close.
Several other research firms have also weighed in on HLMA. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 925 ($12.01) price objective on shares of Halma plc in a research note on Wednesday, June 14th. HSBC Holdings plc cut shares of Halma plc to a “hold” rating and upped their target price for the stock from GBX 1,150 ($14.93) to GBX 1,200 ($15.58) in a research report on Wednesday, June 14th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 1,250 ($16.23) price objective on shares of Halma plc in a report on Monday, June 19th. Liberum Capital reiterated a “sell” rating and issued a GBX 910 ($11.81) price objective on shares of Halma plc in a report on Tuesday, June 6th. Finally, Shore Capital reiterated a “not rated” rating on shares of Halma plc in a report on Tuesday, June 13th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,094.55 ($14.21).
Shares of Halma plc (LON HLMA) traded down 0.54% during midday trading on Tuesday, hitting GBX 1098.00. The company had a trading volume of 746,643 shares. Halma plc has a 12 month low of GBX 879.50 and a 12 month high of GBX 1,182.00. The company’s market capitalization is GBX 4.16 billion. The company has a 50-day moving average of GBX 1,099.00 and a 200-day moving average of GBX 1,058.62.
In other news, insider Andrew Williams sold 49,651 shares of the stock in a transaction on Monday, August 14th. The shares were sold at an average price of GBX 1,095 ($14.22), for a total transaction of £543,678.45 ($705,800.92).
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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