Halma (OTCMKTS:HLMAF) Upgraded by Zacks Investment Research to “Buy”

Zacks Investment Research upgraded shares of Halma (OTCMKTS:HLMAF) from a hold rating to a buy rating in a report released on Wednesday morning, Zacks.com reports. They currently have $39.00 target price on the stock.

According to Zacks, “Halma PLC is a health and safety sensor technology company. It manufactures products which detect hazards and also protect assets and people at work in public and commercial buildings. Halma PLC is headquartered in Amersham, the United Kingdom. “

HLMAF has been the topic of several other research reports. Morgan Stanley reiterated an equal weight rating on shares of Halma in a research note on Friday, November 20th. JPMorgan Chase & Co. reiterated an underweight rating on shares of Halma in a research note on Monday, December 7th. Barclays reiterated an equal weight rating on shares of Halma in a research note on Friday, November 20th. Finally, Berenberg Bank reiterated a hold rating on shares of Halma in a research note on Thursday, October 15th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. Halma presently has a consensus rating of Hold and an average target price of $39.00.

Shares of OTCMKTS HLMAF opened at $34.75 on Wednesday. The stock has a market capitalization of $13.19 billion, a PE ratio of 47.60 and a beta of 0.72. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.84 and a quick ratio of 1.29. The business has a fifty day moving average price of $32.55 and a two-hundred day moving average price of $30.75. Halma has a fifty-two week low of $19.23 and a fifty-two week high of $35.99.

Halma Company Profile

Halma plc provides technology solutions in the safety, health, and environmental markets. It operates through four segments: Process Safety, Infrastructure Safety, Environmental & Analysis, and Medical. The Process Safety segment offers specialized interlocks that control critical processes safely; instruments that detect flammable and hazardous gases; and explosion protection and corrosion monitoring systems.

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Analyst Recommendations for Halma (OTCMKTS:HLMAF)

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