Halma plc (LON:HLMA) Receives Average Rating of “Moderate Buy” from Brokerages

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

Several research firms recently issued reports on HLMA. Panmure Gordon lifted their price objective on Halma from GBX 3,820 to GBX 3,880 and gave the company a “buy” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. raised their price target on Halma from GBX 3,500 to GBX 3,900 and gave the company a “neutral” rating in a report on Thursday, December 4th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Halma from GBX 3,800 to GBX 3,980 and gave the company a “hold” rating in a research report on Friday, January 16th.

Halma Stock Performance

LON HLMA opened at GBX 3,738 on Wednesday. The company’s 50 day simple moving average is GBX 3,789.76 and its two-hundred day simple moving average is GBX 3,608.05. 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 1 year low of GBX 2,316 and a 1 year high of GBX 4,204. The stock has a market capitalization of £14.12 billion, a PE ratio of 40.87, a P/E/G ratio of 2.93 and a beta of 0.92.

Halma (LON:HLMA) last released its quarterly earnings results on Friday, January 16th. The company reported GBX 55.32 EPS for the quarter. Halma had a net margin of 14.63% and a return on equity of 13.73%. Analysts predict that Halma will post 90.5626134 earnings per share for the current fiscal 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.