Halma’s (HLMA) “Equal Weight” Rating Reaffirmed at Barclays

Halma (LON:HLMA)‘s stock had its “equal weight” rating restated by equities researchers at Barclays in a research note issued on Monday, Digital Look reports. They currently have a GBX 2,425 ($29.78) price objective on the stock. Barclays‘s price target suggests a potential upside of 16.04% from the company’s previous close.

Separately, Shore Capital restated a “buy” rating on shares of Halma in a report on Thursday. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of GBX 2,230 ($27.39).

Halma Price Performance

HLMA traded up GBX 36.73 ($0.45) during trading on Monday, reaching GBX 2,089.73 ($25.66). The stock had a trading volume of 980,085 shares, compared to its average volume of 739,372. The stock has a 50 day moving average of GBX 1,940.85 and a two-hundred day moving average of GBX 2,148.72. The company has a quick ratio of 1.51, a current ratio of 2.68 and a debt-to-equity ratio of 45.76. The firm has a market capitalization of £7.93 billion, a price-to-earnings ratio of 3,317.03, a price-to-earnings-growth ratio of 3.96 and a beta of 0.51. Halma has a 1-year low of GBX 1,802 ($22.13) and a 1-year high of GBX 2,520.95 ($30.96).

Insiders Place Their Bets

In other Halma news, insider Steve Gunning acquired 1,551 shares of the firm’s stock in a transaction on Friday, September 22nd. The stock was purchased at an average cost of GBX 1,934 ($23.75) per share, for a total transaction of £29,996.34 ($36,836.96). Corporate insiders own 2.03% of the company’s stock.

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.