Halma Coverage Reinstated at Buy as BofA Notes Defensive Growth Profile
() -- BofA Global Research restarted its coverage of Halma (HLMA.L) with a buy rating and a price objective of 46 pounds sterling, which implies an upside potential of 23.3%. "We like [Halma's] 1) defensive c.5-6% organic through-cycle growth, 2) self-funded M&A strategy, and 3) exposure to data centre photonics, which