Halma plc (LON:HLMA) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Halma plc (LON:HLMA) have received a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is £6,003.71.

A number of brokerages have recently weighed in on HLMA. Berenberg Bank restated a “buy” rating and issued a GBX 4,200 target price on shares of Halma in a research note on Thursday, July 16th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 3,660 price target on shares of Halma in a report on Friday, September 25th.

Halma Stock Up 0.9%

Shares of LON HLMA opened at GBX 3,428 on Friday. The company has a debt-to-equity ratio of 42.13, a current ratio of 2.14 and a quick ratio of 1.51. The company has a 50-day moving average price of GBX 3,563.77 and a 200-day moving average price of GBX 3,925.97. The stock has a market capitalization of £12.95 billion, a P/E ratio of 34.92, a P/E/G ratio of 2.93 and a beta of 0.97. Halma has a 1 year low of GBX 3,260 and a 1 year high of GBX 4,902.

Insider Activity

In related news, insider Marc Ronchetti sold 47,000 shares of Halma stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of GBX 3,813, for a total value of £1,792,110. Also, insider Jennifer Ward sold 13,145 shares of the business’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of GBX 3,645, for a total value of £479,135.25. Over the last ninety days, insiders have sold 62,393 shares of company stock worth $235,309,493. Insiders own 0.82% of the company’s stock.

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.