Halma plc (HLMA.L) – What Are Brokerages Thinking About This Stock?

Halma plc (LON:HLMA) has been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is £6,003.71.

Several research firms have recently commented on HLMA. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,200 target price on shares of Halma in a research report on Thursday, July 16th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 3,660 price target on shares of Halma in a research report on Friday, September 25th.

Halma Stock Up 1.2%

Shares of Halma stock opened at GBX 3,480 on Thursday. The company has a current ratio of 2.14, a quick ratio of 1.51 and a debt-to-equity ratio of 42.13. Halma has a 12-month low of GBX 3,198 and a 12-month high of GBX 4,902. The company has a market cap of £13.14 billion, a P/E ratio of 35.45, a PEG ratio of 2.93 and a beta of 0.97. The company’s fifty day simple moving average is GBX 3,501.72 and its two-hundred day simple moving average is GBX 3,855.72.

Insiders Place Their Bets

In other Halma news, insider Marc Ronchetti sold 47,000 shares of Halma stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of GBX 3,813, for a total transaction of £1,792,110. Insiders own 0.82% of the company’s stock.

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.