Halma plc (LON:HLMA) has been given an average rating of “Hold” by the eleven analysts that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 1,626 ($21.25).

HLMA has been the topic of several analyst reports. Goldman Sachs Group reaffirmed a “neutral” rating on shares of Halma in a research note on Friday, October 11th. Deutsche Bank reiterated a “buy” rating on shares of Halma in a report on Friday, July 12th. Credit Suisse Group reiterated an “outperform” rating on shares of Halma in a report on Wednesday, July 3rd. Shore Capital reiterated a “hold” rating on shares of Halma in a report on Wednesday, September 25th. Finally, UBS Group reiterated a “neutral” rating on shares of Halma in a report on Friday, October 11th.

In other news, insider Adam Meyers sold 20,437 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of GBX 1,982 ($25.90), for a total transaction of £405,061.34 ($529,284.39).

Shares of LON HLMA traded down GBX 39.50 ($0.52) during mid-day trading on Friday, hitting GBX 1,839 ($24.03). The stock had a trading volume of 643,739 shares, compared to its average volume of 921,195. The company has a debt-to-equity ratio of 26.79, a quick ratio of 1.51 and a current ratio of 2.28. Halma has a 1 year low of GBX 1,215 ($15.88) and a 1 year high of GBX 2,099 ($27.43). The business has a 50 day moving average price of GBX 1,955.70 and a two-hundred day moving average price of GBX 1,903.36. The firm has a market cap of $7.05 billion and a P/E ratio of 41.05.

About Halma

Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.

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Analyst Recommendations for Halma (LON:HLMA)

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