As we have frequently stated, Halma is one of, if not the, highest quality companies in the broad industrials sector. This is a typical HLMA acquisition, adjacent to current expertise, funded from ongoing cash flows. We retain our target price of 792p and Hold recommendation.
05 Feb 2016
Acquisition of CenTrak
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Acquisition of CenTrak
Halma plc (HLMA:LON) | 2,352 352.7 0.6% | Mkt Cap: 8,927m
- Published:
05 Feb 2016 -
Author:
Jon Lienard -
Pages:
3
As we have frequently stated, Halma is one of, if not the, highest quality companies in the broad industrials sector. This is a typical HLMA acquisition, adjacent to current expertise, funded from ongoing cash flows. We retain our target price of 792p and Hold recommendation.