November 23, 2016 - By Clifton Ray
London: In a research report revealed to investors and clients on 23 November, Barclays Capital kept their Equal weight rating on shares of Halma PLC (LON:HLMA). They currently have a GBX 1070.00 target price on the company. Barclays Capital’s target would suggest a potential upside of 11.05% from the company’s last price.
Out of 14 analysts covering Halma PLC (LON:HLMA), 5 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 36% are positive. GBX 1250 is the highest target while GBX 610 is the lowest. The GBX 968.79 average target is 0.65% above today’s (GBX 962.5) stock price. Halma PLC has been the topic of 69 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm earned “Underweight” rating on Friday, December 18 by JP Morgan. The rating was maintained by Credit Suisse with “Outperform” on Thursday, July 23. The company was maintained on Monday, August 22 by JP Morgan. As per Thursday, December 17, the company rating was maintained by Investec. Barclays Capital maintained the shares of HLMA in a report on Tuesday, January 5 with “Equalweight” rating. The company was maintained on Tuesday, October 6 by Credit Suisse. The firm has “Outperform” rating given on Friday, July 24 by BNP Paribas. On Wednesday, June 15 the stock rating was maintained by JP Morgan with “Underweight”. The company was maintained on Wednesday, November 23 by JP Morgan. J.P. Morgan maintained Halma plc (LON:HLMA) on Wednesday, October 28 with “Underweight” rating.
About 346,453 shares traded hands. Halma plc (LON:HLMA) has risen 7.71% since April 26, 2016 and is uptrending. It has outperformed by 2.38% the S&P500.
Halma plc is involved in the manufacture of a range of products that protect and improve the quality of life for people. The company has a market cap of 3.65 billion GBP. The Firm operates through four divisions: Process Safety, Infrastructure Safety, Medical, and Environmental & Analysis. It has a 33.46 P/E ratio. The Process Safety includes products, which protect assets and people at work, including specialized interlocks, instruments, and explosion protection and corrosion monitoring products.
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By Clifton Ray