Barclays Trims Halma (OTCMKTS:HLMAF) Target Price to GBX 2,100

Halma (OTCMKTS:HLMAFGet Rating) had its price objective decreased by investment analysts at Barclays from GBX 2,750 ($33.68) to GBX 2,100 ($25.72) in a report issued on Thursday, The Fly reports.

A number of other research firms have also recently commented on HLMAF. Peel Hunt upgraded Halma from a “reduce” rating to a “hold” rating in a research report on Wednesday, March 23rd. Credit Suisse Group cut their price objective on Halma from GBX 3,240 ($39.69) to GBX 2,650 ($32.46) in a research report on Friday, June 17th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $2,375.00.

Shares of Halma stock traded down $0.43 on Thursday, reaching $24.34. The company’s stock had a trading volume of 2,992 shares, compared to its average volume of 1,797. Halma has a 52-week low of $22.60 and a 52-week high of $43.87. The stock has a 50-day moving average price of $28.18 and a 200-day moving average price of $33.03. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.27.

About Halma (Get Rating)

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 hazardous gases; and explosion protection and corrosion monitoring systems.

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