Halma’s (HLMA) Sell Rating Reaffirmed at Liberum Capital

Halma (LON:HLMA)‘s stock had its “sell” rating reaffirmed by investment analysts at Liberum Capital in a report released on Thursday. They currently have a GBX 945 ($12.82) price target on the stock. Liberum Capital’s target price indicates a potential downside of 27.70% from the company’s previous close.

HLMA has been the topic of several other reports. Numis Securities restated a “hold” rating and issued a GBX 1,350 ($18.31) price target on shares of Halma in a research report on Tuesday, December 5th. Shore Capital restated a “hold” rating on shares of Halma in a research report on Wednesday, September 27th. JPMorgan Chase & Co. decreased their price target on shares of Halma from GBX 1,065 ($14.44) to GBX 1,055 ($14.31) and set a “neutral” rating on the stock in a research report on Thursday, September 28th. Credit Suisse Group restated an “outperform” rating on shares of Halma in a research report on Friday, October 13th. Finally, Deutsche Bank restated a “buy” rating and issued a GBX 1,250 ($16.95) price target on shares of Halma in a research report on Thursday, October 12th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,158.89 ($15.72).

Halma (HLMA) opened at GBX 1,307 ($17.72) on Thursday. The company has a market cap of $4,960.00 and a price-to-earnings ratio of 3,532.43. Halma has a twelve month low of GBX 912.50 ($12.37) and a twelve month high of GBX 1,341 ($18.19).

In other Halma news, insider Jo Harlow bought 2,000 shares of the firm’s stock in a transaction dated Friday, December 1st. The shares were acquired at an average cost of GBX 1,280 ($17.36) per share, for a total transaction of £25,600 ($34,716.57).

COPYRIGHT VIOLATION NOTICE: “Halma’s (HLMA) Sell Rating Reaffirmed at Liberum Capital” was originally reported by TrueBlueTribune and is owned by of TrueBlueTribune. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.truebluetribune.com/2018/01/18/halmas-hlma-sell-rating-reaffirmed-at-liberum-capital.html.

About Halma

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.

Analyst Recommendations for Halma (LON:HLMA)

Receive News & Ratings for Halma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halma and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply