Halma (LON:HLMA) Price Target Raised to GBX 3,980

Halma (LON:HLMA) had its price target raised by Deutsche Bank Aktiengesellschaft from GBX 3,800 to GBX 3,980 in a research note published on Friday morning, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

A number of other research firms have also recently commented on HLMA. JPMorgan Chase & Co. lifted their price target on Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Peel Hunt reiterated a “buy” rating and set a GBX 3,750 target price on shares of Halma in a research note on Thursday, November 20th. Panmure Gordon raised their price target on Halma from GBX 3,820 to GBX 3,880 and gave the stock a “buy” rating in a research note on Friday, December 5th. Citigroup increased their target price on Halma from GBX 3,150 to GBX 3,700 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Finally, Shore Capital restated a “hold” rating on shares of Halma in a research note on Friday, September 26th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 3,737.50.

Halma Price Performance

Shares of Halma stock traded down GBX 102 during mid-day trading on Friday, reaching GBX 3,596. 506,420 shares of the stock were exchanged, compared to its average volume of 2,794,235. The company has a market cap of £13.58 billion, a price-to-earnings ratio of 39.32, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. Halma has a fifty-two week low of GBX 2,316 and a fifty-two week high of GBX 3,764. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83. The firm has a 50-day simple moving average of GBX 3,550.91 and a 200 day simple moving average of GBX 3,415.53.

Halma (LON:HLMA) last posted its earnings results on Friday, January 16th. The company reported GBX 55.32 earnings per share (EPS) for the quarter. Halma had a net margin of 13.21% and a return on equity of 15.87%. On average, sell-side analysts predict that Halma will post 90.5626134 EPS for the current fiscal year.

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.