Halma plc (LON:HLMA) Insider Steve Gunning Buys 267 Shares

Halma plc (LON:HLMA) insider Steve Gunning purchased 267 shares of the company’s stock in a transaction dated Thursday, March 27th. The shares were purchased at an average price of GBX 2,619 ($33.86) per share, for a total transaction of £6,992.73 ($9,041.54).

Halma Price Performance

HLMA stock opened at GBX 2,624 ($33.93) on Monday. The stock has a market capitalization of £9.88 billion, a price-to-earnings ratio of 36.71, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83. Halma plc has a 52-week low of GBX 2,143 ($27.71) and a 52-week high of GBX 3,094 ($40.01). The stock’s fifty day simple moving average is GBX 2,820.89 and its 200-day simple moving average is GBX 2,690.31.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Shore Capital reaffirmed a “hold” rating on shares of Halma in a report on Thursday, March 13th. JPMorgan Chase & Co. raised shares of Halma to a “neutral” rating and set a GBX 2,600 ($33.62) price target on the stock in a research note on Friday, December 6th. Finally, Berenberg Bank raised their price objective on shares of Halma from GBX 2,450 ($31.68) to GBX 2,700 ($34.91) and gave the company a “hold” rating in a research note on Thursday, December 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Halma currently has an average rating of “Hold” and an average price target of GBX 2,587.50 ($33.46).

About Halma

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 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.