Halma plc (LON:HLMA) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Halma plc (LON:HLMA) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 3,737.50.

A number of analysts have recently issued reports on HLMA shares. Panmure Gordon lifted 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. Deutsche Bank Aktiengesellschaft increased their price objective on Halma from GBX 3,800 to GBX 3,980 and gave the company a “hold” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. lifted their target price on shares of Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Citigroup upped their target price on shares of Halma from GBX 3,150 to GBX 3,700 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 3,750 target price on shares of Halma in a research report on Thursday, November 20th.

Halma Price Performance

Halma stock traded down GBX 94 during midday trading on Friday, reaching GBX 3,862. The company had a trading volume of 43,416,582 shares, compared to its average volume of 6,700,666. The company has a debt-to-equity ratio of 43.44, a current ratio of 2.18 and a quick ratio of 1.51. Halma has a 12-month low of GBX 2,316 and a 12-month high of GBX 4,204. The company has a market capitalization of £14.59 billion, a P/E ratio of 42.23, a P/E/G ratio of 2.93 and a beta of 0.92. The firm’s fifty day simple moving average is GBX 3,729.74 and its 200-day simple moving average is GBX 3,546.77.

Halma (LON:HLMA) last posted its quarterly earnings data on Friday, January 16th. The company reported GBX 55.32 EPS for the quarter. Halma had a return on equity of 13.73% and a net margin of 14.63%. As a group, equities analysts anticipate that Halma will post 90.5626134 EPS for the current 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.