Halma (LON:HLMA) Stock Rating Reaffirmed by UBS Group

Halma (LON:HLMA)‘s stock had its “neutral” rating restated by stock analysts at UBS Group in a note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently weighed in on the stock. Berenberg Bank increased their target price on shares of Halma from GBX 1,705 ($22.43) to GBX 1,850 ($24.34) and gave the company a “hold” rating in a research report on Friday. Credit Suisse Group restated an “outperform” rating on shares of Halma in a research report on Thursday, October 17th. JPMorgan Chase & Co. upped their price objective on shares of Halma from GBX 1,420 ($18.68) to GBX 1,500 ($19.73) and gave the company an “underweight” rating in a research note on Friday, October 11th. Morgan Stanley upped their price objective on shares of Halma from GBX 1,600 ($21.05) to GBX 1,680 ($22.10) and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, BNP Paribas reiterated a “neutral” rating on shares of Halma in a research report on Thursday, November 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,737 ($22.85).

Shares of HLMA opened at GBX 2,114 ($27.81) on Tuesday. The business has a 50-day moving average of GBX 1,970.59 and a 200-day moving average of GBX 1,958.30. The company has a debt-to-equity ratio of 36.87, a current ratio of 2.55 and a quick ratio of 1.76. The company has a market capitalization of $8.03 billion and a price-to-earnings ratio of 44.51. Halma has a 1 year low of GBX 19.03 ($0.25) and a 1 year high of GBX 2,151 ($28.30).

In other Halma news, insider Marc Ronchetti sold 5,408 shares of the business’s stock in a transaction that occurred on Saturday, November 23rd. The stock was sold at an average price of GBX 2,055 ($27.03), for a total value of £111,134.40 ($146,191.00).

Halma Company Profile

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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Analyst Recommendations for Halma (LON:HLMA)

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