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

Shares of Halma plc (LON:HLMA) have been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat.com reports. Four equities 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 objective among analysts that have issued ratings on the stock in the last year is £6,003.71.

Several equities analysts recently issued reports on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 4,200 price target on shares of Halma in a research report on Thursday, July 16th. Jefferies Financial Group reissued a “hold” rating and set a GBX 3,660 price objective on shares of Halma in a research note on Friday, September 25th.

Halma Stock Performance

LON HLMA opened at GBX 3,500 on Thursday. The company has a 50-day simple moving average of GBX 3,488.44 and a two-hundred day simple moving average of GBX 3,851.93. The company has a quick ratio of 1.51, a current ratio of 2.14 and a debt-to-equity ratio of 42.13. Halma has a 12-month low of GBX 3,198 and a 12-month high of GBX 4,902. The firm has a market cap of £13.22 billion, a price-to-earnings ratio of 35.65, a PEG ratio of 2.93 and a beta of 0.98.

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.