Halma plc (LON:HLMA) has been given an average rating of “Hold” by the twelve brokerages that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 1,560 ($20.38).
A number of analysts have recently commented on the company. BNP Paribas cut Halma to a “neutral” rating and boosted their price objective for the company from GBX 1,550 ($20.25) to GBX 1,650 ($21.56) in a research report on Wednesday, April 10th. Deutsche Bank boosted their price objective on Halma from GBX 1,490 ($19.47) to GBX 1,960 ($25.61) and gave the company a “buy” rating in a research report on Wednesday, April 10th. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,675 ($21.89) price objective (up from GBX 1,390 ($18.16)) on shares of Halma in a research report on Wednesday, April 3rd. UBS Group reaffirmed a “sell” rating on shares of Halma in a research note on Friday, March 22nd. Finally, Shore Capital reaffirmed a “hold” rating on shares of Halma in a research note on Thursday, March 21st.
Shares of Halma stock traded up GBX 10 ($0.13) on Thursday, reaching GBX 1,825 ($23.85). The company’s stock had a trading volume of 1,426,007 shares, compared to its average volume of 921,195. The stock has a market capitalization of $6.92 billion and a PE ratio of 41.38. Halma has a 52-week low of GBX 1,215 ($15.88) and a 52-week high of GBX 1,829 ($23.90). The company has a debt-to-equity ratio of 28.15, a current ratio of 2.38 and a quick ratio of 1.63.
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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