Numis Securities Reaffirms “Hold” Rating for Halma (HLMA)

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Halma (LON:HLMA)‘s stock had its “hold” rating reissued by investment analysts at Numis Securities in a research report issued on Monday. They presently have a GBX 1,400 ($18.29) target price on the stock. Numis Securities’ price objective would suggest a potential downside of 6.60% from the company’s previous close.

A number of other equities analysts also recently weighed in on the company. UBS Group reiterated a “sell” rating on shares of Halma in a report on Monday, November 19th. Shore Capital reiterated a “hold” rating on shares of Halma in a report on Tuesday, November 20th. BNP Paribas upgraded Halma to an “outperform” rating and upped their target price for the company from GBX 1,350 ($17.64) to GBX 1,550 ($20.25) in a report on Friday, January 25th. Credit Suisse Group reiterated an “outperform” rating on shares of Halma in a report on Thursday, January 24th. Finally, Goldman Sachs Group upped their target price on Halma from GBX 1,400 ($18.29) to GBX 1,490 ($19.47) and gave the company a “neutral” rating in a report on Tuesday, January 8th. Three analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 1,389.09 ($18.15).

Shares of HLMA traded up GBX 22 ($0.29) during trading hours on Monday, reaching GBX 1,499 ($19.59). The company’s stock had a trading volume of 746,560 shares, compared to its average volume of 921,195. Halma has a 1-year low of GBX 956.50 ($12.50) and a 1-year high of GBX 1,341 ($17.52).

Halma Company Profile

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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Analyst Recommendations for Halma (LON:HLMA)

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