Halma plc (LON:HLMA) Receives GBX 3,737.50 Consensus Price Target from Brokerages

Halma plc (LON:HLMA) has received an average rating of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 3,737.50.

HLMA has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on Halma from GBX 3,800 to GBX 3,980 and gave the stock a “hold” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. increased their price objective on Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Finally, Panmure Gordon lifted their price objective on Halma from GBX 3,820 to GBX 3,880 and gave the stock a “buy” rating in a research report on Friday, December 5th.

Halma Trading Down 1.0%

Shares of HLMA opened at GBX 3,730 on Wednesday. The stock has a market capitalization of £14.09 billion, a P/E ratio of 40.79, a PEG ratio of 2.93 and a beta of 0.92. Halma has a twelve month low of GBX 2,316 and a twelve month high of GBX 4,204. The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 43.44. The firm has a fifty day simple moving average of GBX 3,789.76 and a two-hundred day simple moving average of GBX 3,603.39.

Halma (LON:HLMA) last released its quarterly earnings data on Friday, January 16th. The company reported GBX 55.32 earnings per share (EPS) for the quarter. Halma had a net margin of 14.63% and a return on equity of 13.73%. On average, research 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.