Halma’s (HLMA) “Equal weight” Rating Reaffirmed at Barclays
Several other analysts have also issued reports on HLMA. Morgan Stanley reiterated an equal weight rating on shares of Halma in a report on Monday, March 16th. Peel Hunt lowered Halma to a hold rating in a report on Tuesday, April 21st. UBS Group reiterated a neutral rating and set a GBX 2,080 ($27.36) target price (up previously from GBX 1,980 ($26.05)) on shares of Halma in a report on Wednesday, April 22nd. Jefferies Financial Group lowered Halma to an underperform rating and dropped their target price for the stock from GBX 2,070 ($27.23) to GBX 1,705 ($22.43) in a report on Tuesday, April 14th. Finally, Berenberg Bank reiterated a hold rating on shares of Halma in a report on Friday. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. Halma presently has a consensus rating of Hold and an average price target of GBX 1,929 ($25.37).
Shares of HLMA stock traded down GBX 2 ($0.03) on Monday, hitting GBX 2,197 ($28.90). 921,375 shares of the stock were exchanged, compared to its average volume of 921,195. The company has a current ratio of 2.55, a quick ratio of 1.76 and a debt-to-equity ratio of 36.87. The firm has a market capitalization of $8.14 billion and a P/E ratio of 46.02. The business has a 50-day moving average of GBX 2,053.13 and a 200 day moving average of GBX 2,057.47. Halma has a fifty-two week low of GBX 19.03 ($0.25) and a fifty-two week high of GBX 2,261 ($29.74).
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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