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

Halma plc (LON:HLMA) has earned an average rating of “Moderate Buy” from the nine analysts that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is £5,338.78.

HLMA has been the subject of a number of recent analyst reports. UBS Group reiterated a “buy” rating and issued a £47,750 price objective on shares of Halma in a research report on Friday. Shore Capital Group reaffirmed a “hold” rating on shares of Halma in a research report on Monday, April 13th.

Halma Stock Performance

Shares of HLMA stock opened at GBX 4,656 on Monday. The company has a debt-to-equity ratio of 43.44, a current ratio of 2.18 and a quick ratio of 1.51. The stock has a market cap of £17.59 billion, a PE ratio of 50.91, a price-to-earnings-growth ratio of 2.93 and a beta of 0.96. The stock has a 50-day moving average of GBX 4,372.69 and a 200-day moving average of GBX 3,928.11. Halma has a one year low of GBX 2,972 and a one year high of GBX 4,902.

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.