Halma (HLMA) Earns Hold Rating from Berenberg Bank
A number of other brokerages also recently weighed in on HLMA. Numis Securities reiterated a hold rating and issued a GBX 1,400 ($18.29) price objective on shares of Halma in a research report on Monday. Credit Suisse Group reiterated an outperform rating on shares of Halma in a research report on Friday. BNP Paribas upgraded shares of Halma to an outperform rating and upped their price objective for the stock from GBX 1,350 ($17.64) to GBX 1,550 ($20.25) in a research report on Friday, January 25th. UBS Group reiterated a sell rating on shares of Halma in a research report on Monday, January 21st. Finally, Morgan Stanley reiterated an equal weight rating on shares of Halma in a research report on Monday, January 14th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 1,389.09 ($18.15).
Shares of Halma stock traded up GBX 22 ($0.29) during trading hours on Friday, reaching GBX 1,499 ($19.59). The stock had a trading volume of 746,560 shares, compared to its average volume of 921,195. Halma has a twelve month low of GBX 956.50 ($12.50) and a twelve month high of GBX 1,341 ($17.52).
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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