Halma (HLMA) Given Hold Rating at Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Halma (LON:HLMA) in a report released on Friday. They currently have a GBX 1,560 ($20.38) price target on the stock.

A number of other research analysts also recently issued reports on the company. Numis Securities reissued a hold rating and issued a GBX 1,400 ($18.29) price objective on shares of Halma in a research note on Monday. Credit Suisse Group reissued an outperform rating on shares of Halma in a research note on Friday. BNP Paribas raised Halma to an outperform rating and boosted their price objective for the company from GBX 1,350 ($17.64) to GBX 1,550 ($20.25) in a research note on Friday, January 25th. UBS Group reissued a sell rating on shares of Halma in a research note on Monday, January 21st. Finally, Shore Capital reissued a hold rating on shares of Halma in a research note on Friday, January 18th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of GBX 1,389.09 ($18.15).

Shares of LON:HLMA traded up GBX 22 ($0.29) during midday trading on Friday, reaching GBX 1,499 ($19.59). The company’s stock had a trading volume of 746,560 shares, compared to its average volume of 921,195. Halma has a fifty-two week low of GBX 956.50 ($12.50) and a fifty-two week high of GBX 1,341 ($17.52).

The company also recently announced a dividend, which was paid on Wednesday, February 6th. Investors of record on Thursday, December 27th were paid a GBX 6.11 ($0.08) dividend. The ex-dividend date was Thursday, December 27th. This represents a yield of 0.45%.

About Halma

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.

See Also: Is it better to buy a fund with a higher or lower NAV?

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.

Leave a Reply