Halma plc (LON:HLMA) Receives £5,339.51 Consensus Target Price from Analysts

Shares of Halma plc (LON:HLMA) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is £6,002.95.

HLMA has been the topic of a number of research analyst reports. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 3,050 target price on shares of Halma in a research report on Thursday, June 11th. Citigroup raised their price target on shares of Halma from GBX 3,700 to GBX 4,600 and gave the company a “buy” rating in a research report on Friday, June 12th. UBS Group restated a “buy” rating and issued a £47,750 price target on shares of Halma in a research note on Friday, June 5th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,200 price objective on shares of Halma in a research report on Thursday, July 16th.

Halma Stock Performance

LON HLMA opened at GBX 3,662 on Friday. The company has a debt-to-equity ratio of 42.13, a quick ratio of 1.51 and a current ratio of 2.14. The firm has a market capitalization of £13.83 billion, a P/E ratio of 37.30, a price-to-earnings-growth ratio of 2.93 and a beta of 0.97. The stock’s fifty day moving average is GBX 3,709.31 and its two-hundred day moving average is GBX 4,009.94. Halma has a fifty-two week low of GBX 3,194 and a fifty-two week high of GBX 4,902.

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

Insider Buying and Selling

In other Halma news, insider Marc Ronchetti sold 49,664 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of GBX 3,934, for a total transaction of £1,953,781.76. Also, insider Jennifer Ward sold 13,145 shares of the company’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of GBX 3,645, for a total value of £479,135.25. Insiders sold 122,188 shares of company stock valued at $470,218,831 in the last three months. 0.83% of the stock is owned by corporate insiders.

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.