Halma plc (LON:HLMA) Stock Has Consensus Price Target of £6,003.71

Shares of Halma plc (LON:HLMA) have received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is £6,003.71.

Several equities analysts recently issued reports on HLMA shares. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 3,660 price objective on shares of Halma in a report on Friday, September 25th. Berenberg Bank reissued a “buy” rating and issued a GBX 4,200 target price on shares of Halma in a report on Thursday, July 16th.

Insider Buying and Selling at Halma

In related news, insider Marc Ronchetti sold 47,000 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of GBX 3,813, for a total value of £1,792,110. Also, insider Jennifer Ward sold 13,145 shares of the business’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of GBX 3,645, for a total transaction of £479,135.25. Insiders have sold a total of 62,393 shares of company stock valued at $235,309,493 in the last ninety days. Corporate insiders own 0.82% of the company’s stock.

Halma Stock Performance

HLMA opened at GBX 3,392 on Friday. The stock has a market cap of £12.81 billion, a P/E ratio of 34.55, a P/E/G ratio of 2.93 and a beta of 0.97. The company has a debt-to-equity ratio of 42.13, a current ratio of 2.14 and a quick ratio of 1.51. The stock’s 50 day simple moving average is GBX 3,571.13 and its 200 day simple moving average is GBX 3,929.48. Halma has a 1-year low of GBX 3,260 and a 1-year high of GBX 4,902.

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.