Halma plc (LON:HLMA) had its price objective upped by equities research analysts at JPMorgan Chase & Co. from GBX 860 ($10.74) to GBX 905 ($11.31) in a research report issued on Monday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 6.70% from the stock’s current price.
A number of other equities research analysts have also recently issued reports on the company. Morgan Stanley initiated coverage on Halma plc in a research report on Thursday, October 27th. They set an “overweight” rating and a GBX 1,250 ($15.62) target price for the company. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 1,040 ($12.99) target price on shares of Halma plc in a research report on Friday, September 30th. HSBC cut Halma plc to a “hold” rating and upped their target price for the stock from GBX 975 ($12.18) to GBX 1,050 ($13.12) in a research report on Tuesday, August 16th. Jefferies Group upped their target price on Halma plc from GBX 925 ($11.56) to GBX 1,210 ($15.12) and gave the stock a “buy” rating in a research report on Wednesday, August 31st. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a GBX 850 ($10.62) target price on shares of Halma plc in a research report on Friday, July 22nd. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 1,009 ($12.61).
Halma plc (LON:HLMA) traded down 0.36% during mid-day trading on Monday, reaching GBX 970.00. 865,073 shares of the company’s stock traded hands. The firm’s 50-day moving average price is GBX 1,041.08 and its 200 day moving average price is GBX 1,016.40. Halma plc has a 12 month low of GBX 773.50 and a 12 month high of GBX 1,131.00. The stock’s market capitalization is GBX 3.67 billion.
The company also recently announced a dividend, which will be paid on Wednesday, February 8th. Investors of record on Thursday, December 29th will be given a GBX 5.33 ($0.07) dividend. The ex-dividend date is Thursday, December 29th. This represents a yield of 0.55%.