Goldman Sachs Group restated their neutral rating on shares of Halma (LON:HLMA) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
HLMA has been the subject of several other research reports. Berenberg Bank reaffirmed a buy rating and issued a GBX 250 ($3.27) target price on shares of in a report on Tuesday, June 18th. Morgan Stanley upped their target price on shares of from GBX 1,430 ($18.69) to GBX 1,560 ($20.38) and gave the stock an equal weight rating in a report on Tuesday, June 11th. Shore Capital reaffirmed a house stock rating on shares of Global Ports in a report on Thursday, July 4th. JPMorgan Chase & Co. assumed coverage on shares of SEA in a report on Wednesday, June 12th. They issued an overweight rating and a $36.00 target price for the company. Finally, Credit Suisse Group assumed coverage on shares of Yunji in a report on Wednesday, July 3rd. They issued an outperform rating and a $14.50 target price for the company. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. Halma has an average rating of Hold and a consensus price target of GBX 1,706.50 ($22.30).
Shares of Halma stock opened at GBX 1,990 ($26.00) on Wednesday. The company has a market cap of $7.55 billion and a P/E ratio of 44.42. The company has a debt-to-equity ratio of 26.79, a current ratio of 2.28 and a quick ratio of 1.51. The business has a fifty day moving average price of GBX 1,951.79. Halma has a fifty-two week low of GBX 1,215 ($15.88) and a fifty-two week high of GBX 2,099 ($27.43).
The business also recently disclosed a dividend, which will be paid on Wednesday, August 14th. Shareholders of record on Thursday, July 11th will be issued a dividend of GBX 9.60 ($0.13) per share. This represents a dividend yield of 0.48%. The ex-dividend date of this dividend is Thursday, July 11th. This is an increase from Halma’s previous dividend of $6.11. Halma’s dividend payout ratio is 0.42%.
In other Halma news, insider Marc Ronchetti sold 1,051 shares of the stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of GBX 2,030 ($26.53), for a total transaction of £21,335.30 ($27,878.35).
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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