Goldman Sachs Group reissued their neutral rating on shares of Halma (LON:HLMA) in a research report released on Wednesday morning, ThisIsMoney.Co.Uk reports.
Other analysts have also recently issued reports about the company. Morgan Stanley lifted their price objective on from GBX 1,430 ($18.69) to GBX 1,560 ($20.38) and gave the company an equal weight rating in a research report on Tuesday, June 11th. UBS Group raised to a neutral rating and boosted their price target for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research report on Thursday, June 20th. Berenberg Bank reissued a buy rating and issued a GBX 250 ($3.27) price target on shares of in a research report on Tuesday, June 18th. Deutsche Bank dropped their price target on from GBX 217 ($2.84) to GBX 175 ($2.29) and set a sell rating on the stock in a research report on Monday, June 24th. Finally, JPMorgan Chase & Co. initiated coverage on SEA in a research report on Wednesday, June 12th. They issued an overweight rating and a $36.00 price target on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 1,706.50 ($22.30).
Halma stock opened at GBX 1,990 ($26.00) on Wednesday. The firm’s 50 day moving average price is GBX 1,951.79. The company has a debt-to-equity ratio of 26.79, a quick ratio of 1.51 and a current ratio of 2.28. The company has a market cap of $7.55 billion and a PE ratio of 44.42. 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 declared a dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Thursday, July 11th will be given a GBX 9.60 ($0.13) dividend. This is a boost from Halma’s previous dividend of $6.11. This represents a dividend yield of 0.48%. The ex-dividend date is Thursday, July 11th. Halma’s payout ratio is currently 0.42%.
In other news, insider Marc Ronchetti sold 1,051 shares of the business’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of GBX 2,030 ($26.53), for a total value 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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