HALMA (NASDAQ:HLMAF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday. The firm presently has a $16.00 price target on the stock.

According to Zacks, “Halma PLC is a health and safety sensor technology company. It manufactures products which detect hazards and also protect assets and people at work in public and commercial buildings. Halma PLC is headquartered in Amersham, the United Kingdom. “

Shares of HALMA (NASDAQ HLMAF) traded down 0.70% during mid-day trading on Thursday, hitting $14.38. The company had a trading volume of 5,100 shares. The company’s 50-day moving average is $14.39 and its 200 day moving average is $13.33. HALMA has a one year low of $10.67 and a one year high of $14.94. The company has a market capitalization of $5.45 billion and a PE ratio of 31.81.

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