Halma plc (LON:HLMA) Receives £5,338.78 Consensus Target Price from Brokerages

Halma plc (LON:HLMA) has been given an average recommendation of “Moderate Buy” by the nine ratings firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is £5,338.78.

A number of research analysts have weighed in on the company. Shore Capital Group restated a “hold” rating on shares of Halma in a research note on Monday, April 13th. UBS Group reaffirmed a “buy” rating and issued a £47,750 price objective on shares of Halma in a report on Friday, June 5th.

Halma Trading Up 4.4%

LON:HLMA opened at GBX 4,068.87 on Monday. Halma has a 1-year low of GBX 3,084 and a 1-year high of GBX 4,902. The business’s 50-day moving average price is GBX 4,430.96 and its two-hundred day moving average price is GBX 3,959.28. The company has a current ratio of 2.14, a quick ratio of 1.51 and a debt-to-equity ratio of 42.13. The firm has a market capitalization of £15.37 billion, a price-to-earnings ratio of 44.49, a PEG ratio of 2.93 and a beta of 0.97.

Halma (LON:HLMA) last announced its quarterly earnings results on Thursday, June 11th. The company reported GBX 114.05 earnings per share (EPS) for the quarter. Halma had a return on equity of 17.92% and a net margin of 14.42%.The company had revenue of GBX 258.23 billion during the quarter. On average, equities analysts expect that Halma will post 90.5626134 earnings per share for the current year.

About Halma

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.