Halma plc (LON:HLMA) has earned an average recommendation of “Hold” from the eleven ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,626 ($21.25).
HLMA has been the topic of several analyst reports. Credit Suisse Group restated an “outperform” rating on shares of Halma in a report on Thursday, October 17th. UBS Group restated a “neutral” rating on shares of Halma in a report on Friday, October 11th. Shore Capital restated a “hold” rating on shares of Halma in a report on Wednesday, September 25th. JPMorgan Chase & Co. lifted their price objective on Halma from GBX 1,420 ($18.55) to GBX 1,500 ($19.60) and gave the stock an “underweight” rating in a report on Friday, October 11th. Finally, Goldman Sachs Group restated a “neutral” rating on shares of Halma in a report on Friday, October 11th.
HLMA stock traded down GBX 7.50 ($0.10) during midday trading on Thursday, hitting GBX 1,907 ($24.92). 523,475 shares of the company’s stock were exchanged, compared to its average volume of 921,195. The company has a current ratio of 2.28, a quick ratio of 1.51 and a debt-to-equity ratio of 26.79. Halma has a 12-month low of GBX 1,261 ($16.48) and a 12-month high of GBX 2,099 ($27.43). The firm has a 50 day moving average price of GBX 1,903.71 and a 200-day moving average price of GBX 1,919.93. The stock has a market capitalization of $7.22 billion and a price-to-earnings ratio of 42.57.
Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.
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