Halma (LON:HLMA) had its price objective reduced by analysts at Investec from GBX 1,500 ($20.72) to GBX 1,320 ($18.24) in a report issued on Thursday. The firm currently has a “buy” rating on the stock. Investec’s price objective indicates a potential upside of 14.48% from the stock’s previous close.
A number of other analysts have also commented on the company. Shore Capital reissued a “buy” rating on shares of Halma in a report on Thursday. Liberum Capital reissued a “sell” rating and issued a GBX 945 ($13.06) target price on shares of Halma in a report on Thursday. Jefferies Group lifted their target price on Halma from GBX 1,350 ($18.65) to GBX 1,390 ($19.20) and gave the stock a “buy” rating in a report on Thursday, February 22nd. JPMorgan Chase & Co. reduced their target price on Halma from GBX 1,060 ($14.64) to GBX 1,050 ($14.51) and set an “underweight” rating for the company in a report on Tuesday, February 13th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a GBX 1,500 ($20.72) target price on shares of Halma in a report on Thursday, February 8th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,215 ($16.79).
Halma stock opened at GBX 1,153 ($15.93) on Thursday. The stock has a market capitalization of $4,520.00 and a price-to-earnings ratio of 3,116.22. Halma has a one year low of GBX 956.50 ($13.21) and a one year high of GBX 1,341 ($18.53).
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Halma Company Profile
Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems to control hazardous industrial processes and access to dangerous machines; gas detection instruments; pressure management products; key interlocks and interlocking systems; pipeline corrosion monitoring products and systems; and process safety systems.
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