Halma plc’s (HLMA) “Sell” Rating Reaffirmed at Liberum Capital

Liberum Capital reissued their sell rating on shares of Halma plc (LON:HLMA) in a research report released on Wednesday morning. They currently have a GBX 910 ($11.77) target price on the stock.

Other analysts have also recently issued reports about the stock. Barclays PLC cut shares of Halma plc to an equal weight rating and increased their target price for the stock from GBX 1,150 ($14.87) to GBX 1,160 ($15.00) in a report on Thursday, August 17th. Deutsche Bank AG reissued a buy rating and set a GBX 1,250 ($16.17) target price on shares of Halma plc in a report on Monday, June 19th. Shore Capital reissued a not rated rating on shares of Halma plc in a report on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) increased their price objective on shares of Halma plc from GBX 970 ($12.55) to GBX 1,000 ($12.93) and gave the stock a neutral rating in a report on Friday, May 26th. Finally, J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 925 ($11.96) price objective on shares of Halma plc in a report on Wednesday, June 14th. Two research 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. The stock currently has an average rating of Hold and an average price target of GBX 1,094.55 ($14.16).

Shares of Halma plc (LON:HLMA) opened at 1090.00 on Wednesday. Halma plc has a one year low of GBX 879.50 and a one year high of GBX 1,182.00. The stock’s market capitalization is GBX 4.13 billion. The stock’s 50 day moving average is GBX 1,099.78 and its 200-day moving average is GBX 1,065.42.

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The business also recently announced a dividend, which was paid on Wednesday, August 16th. Shareholders of record on Thursday, July 13th were paid a dividend of GBX 8.38 ($0.11) per share. This is a boost from Halma plc’s previous dividend of $5.33. The ex-dividend date of this dividend was Thursday, July 13th. This represents a yield of 0.71%.

In other news, insider Andrew Williams sold 49,651 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of GBX 1,095 ($14.16), for a total transaction of £543,678.45 ($703,153.71).

About Halma plc

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 plc (LON:HLMA)

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