Halma (HLMA) Receives Hold Rating from Numis Securities

Numis Securities reaffirmed their hold rating on shares of Halma (LON:HLMA) in a report issued on Tuesday morning. They currently have a GBX 1,350 ($18.17) price objective on the stock.

Other equities analysts also recently issued research reports about the stock. Deutsche Bank restated a buy rating and issued a GBX 1,250 ($16.82) price target on shares of Halma in a research note on Thursday, November 2nd. Jefferies Group boosted their price target on shares of Halma from GBX 1,185 ($15.95) to GBX 1,265 ($17.03) and gave the stock a buy rating in a research note on Tuesday, August 8th. Shore Capital upgraded shares of Halma to a buy rating in a research note on Tuesday, November 21st. Barclays downgraded shares of Halma to an equal weight rating and boosted their price target for the stock from GBX 1,150 ($15.48) to GBX 1,160 ($15.61) in a research note on Thursday, August 17th. Finally, reiterated a hold rating and set a GBX 1,200 ($16.15) target price on shares of Halma in a research note on Friday, September 29th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 1,152.50 ($15.51).

Halma (LON HLMA) traded up GBX 7 ($0.09) during trading hours on Tuesday, hitting GBX 1,284 ($17.28). 472,121 shares of the company’s stock traded hands, compared to its average volume of 1,000,000. Halma has a fifty-two week low of GBX 879.50 ($11.84) and a fifty-two week high of GBX 1,341 ($18.05).

The company also recently declared a dividend, which will be paid on Wednesday, February 7th. Investors of record on Thursday, December 28th will be issued a dividend of GBX 5.71 ($0.08) per share. The ex-dividend date is Thursday, December 28th. This represents a yield of 0.44%.

In other Halma news, insider Tony Rice purchased 9,274 shares of the stock in a transaction dated Wednesday, September 27th. The shares were acquired at an average cost of GBX 1,073 ($14.44) per share, for a total transaction of £99,510.02 ($133,930.04). Also, insider Jo Harlow purchased 2,000 shares of the stock in a transaction dated Friday, December 1st. The stock was acquired at an average price of GBX 1,280 ($17.23) per share, for a total transaction of £25,600 ($34,454.91).

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Halma Company Profile

Halma plc is involved in the manufacture of a range of products that protect and improve the quality of life for people. The Company operates through four segments: Process Safety, Infrastructure Safety, Medical, and Environmental & Analysis. The Process Safety includes products, which protect assets and people at work, including specialized interlocks, instruments, and explosion protection and corrosion monitoring products.

Analyst Recommendations for Halma (LON:HLMA)

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