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).
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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