Halma (HLMA) Sets New 52-Week High at $1,827.00

Halma plc (LON:HLMA) shares hit a new 52-week high on Friday . The company traded as high as GBX 1,827 ($23.87) and last traded at GBX 1,813.22 ($23.69), with a volume of 384041 shares traded. The stock had previously closed at GBX 1,815 ($23.72).

HLMA has been the subject of a number of recent research reports. BNP Paribas cut shares of Halma to a “neutral” rating and raised their price objective for the stock from GBX 1,550 ($20.25) to GBX 1,650 ($21.56) in a research note on Wednesday, April 10th. Deutsche Bank reissued a “buy” rating on shares of Halma in a research note on Friday, March 22nd. Berenberg Bank lowered shares of Halma to a “hold” rating and decreased their target price for the stock from GBX 1,570 ($20.51) to GBX 1,560 ($20.38) in a research report on Tuesday, January 29th. Numis Securities restated a “hold” rating and set a GBX 1,400 ($18.29) target price on shares of Halma in a research report on Monday, February 11th. Finally, UBS Group restated a “sell” rating on shares of Halma in a research report on Monday, January 21st. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 1,541.11 ($20.14).

The stock has a market capitalization of $6.92 billion and a PE ratio of 41.38. The company has a debt-to-equity ratio of 28.15, a quick ratio of 1.63 and a current ratio of 2.38.

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Halma Company Profile (LON:HLMA)

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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