Halma plc (LON:HLMA) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Halma plc (LON:HLMA) have received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 3,455.

Several research analysts have weighed in on HLMA shares. Shore Capital restated a “hold” rating on shares of Halma in a report on Friday, September 26th. Peel Hunt reissued a “buy” rating and issued a GBX 3,750 price objective on shares of Halma in a research note on Thursday. Deutsche Bank Aktiengesellschaft increased their target price on shares of Halma from GBX 3,290 to GBX 3,690 and gave the company a “hold” rating in a report on Friday, October 3rd. The Goldman Sachs Group started coverage on shares of Halma in a research report on Thursday, August 7th. They issued a “buy” rating and a GBX 3,740 price objective for the company. Finally, Berenberg Bank lifted their target price on shares of Halma from GBX 3,250 to GBX 3,750 and gave the stock a “buy” rating in a research report on Wednesday, September 10th.

Insiders Place Their Bets

In related news, insider Jennifer Ward sold 15,000 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of GBX 3,381, for a total transaction of £507,150. Insiders own 0.81% of the company’s stock.

Halma Stock Up 9.2%

Halma stock traded up GBX 306 during mid-day trading on Thursday, reaching GBX 3,618. The stock had a trading volume of 212,813,859 shares, compared to its average volume of 2,850,710. The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45. Halma has a fifty-two week low of GBX 2,316 and a fifty-two week high of GBX 3,764. The stock’s 50-day simple moving average is GBX 3,446.72 and its 200-day simple moving average is GBX 3,244.84. The firm has a market capitalization of £13.67 billion, a PE ratio of 46.30, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53.

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.