Several other research analysts have also recently commented on the stock. Jefferies Group boosted their price target on shares of Halma plc from GBX 925 ($12.07) to GBX 1,210 ($15.79) and gave the stock a buy rating in a report on Wednesday, August 31st. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 860 ($11.23) price target on shares of Halma plc in a report on Monday, August 22nd. HSBC cut shares of Halma plc to a hold rating and boosted their price target for the stock from GBX 975 ($12.73) to GBX 1,050 ($13.71) in a report on Tuesday, August 16th. BNP Paribas reiterated a neutral rating and set a GBX 950 ($12.40) price target on shares of Halma plc in a report on Friday, July 22nd. Finally, Barclays PLC restated an equal weight rating and issued a GBX 850 ($11.10) target price on shares of Halma plc in a report on Friday, July 22nd. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Halma plc has an average rating of Hold and an average price target of GBX 944.50 ($12.33).
Halma plc (LON:HLMA) traded up 1.609% on Friday, reaching GBX 1065.875. 325,844 shares of the company’s stock were exchanged. Halma plc has a 1-year low of GBX 707.61 and a 1-year high of GBX 1,098.00. The company’s market capitalization is GBX 4.03 billion. The firm has a 50-day moving average price of GBX 1,054.84 and a 200-day moving average price of GBX 977.22.
In related news, insider Meyers,Adam sold 25,311 shares of the stock in a transaction on Saturday, August 6th. The shares were sold at an average price of GBX 1,065 ($13.90), for a total transaction of £269,562.15 ($351,862.88).
About Halma plc
Halma plc is a United Kingdom-based company, which is engaged in developing products that secure and protect the elements critical to lives. The Company’s products save lives, prevent injuries, and protect people and assets around the world. The Company operates in four segments: Process Safety, which provides products that protect assets and people at work; Infrastructure Safety, which includes products that detect hazards to protect assets and people in public spaces and commercial buildings; Medical, which includes products that improve personal and public health, and Environmental & Analysis, which includes products and technologies for analysis in safety, life sciences and environmental markets.
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