Halma (LON:HLMA) Rating Increased to Neutral at UBS Group

UBS Group upgraded shares of Halma (LON:HLMA) to a neutral rating in a research report sent to investors on Thursday, Digital Look reports. UBS Group currently has GBX 2,060 ($26.92) price objective on the stock, up from their previous price objective of GBX 945 ($12.35).

A number of other analysts also recently issued reports on HLMA. Shore Capital reiterated a hold rating on shares of Halma in a research report on Thursday, March 21st. Deutsche Bank reiterated a buy rating on shares of Halma in a research report on Friday, March 22nd. Jefferies Financial Group reiterated a hold rating and set a GBX 1,675 ($21.89) price target (up previously from GBX 1,390 ($18.16)) on shares of Halma in a research report on Wednesday, April 3rd. BNP Paribas downgraded Halma to a neutral rating and lifted their price target for the company from GBX 1,550 ($20.25) to GBX 1,650 ($21.56) in a research report on Wednesday, April 10th. Finally, Numis Securities reiterated a hold rating on shares of Halma in a research report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 1,702.50 ($22.25).

Shares of HLMA opened at GBX 2,008 ($26.24) on Thursday. The stock has a market cap of $7.61 billion and a PE ratio of 44.82. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 26.79. Halma has a 12-month low of GBX 1,215 ($15.88) and a 12-month high of GBX 2,009 ($26.25).

The firm also recently declared a dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Thursday, July 11th will be given a dividend of GBX 9.60 ($0.13) per share. This represents a dividend yield of 0.48%. The ex-dividend date is Thursday, July 11th. This is an increase from Halma’s previous dividend of $6.11. Halma’s dividend payout ratio (DPR) is 0.27%.

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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