Halma plc (LON:HLMA) Receives GBX 3,702.50 Average Target Price from Analysts

Halma plc (LON:HLMA) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 3,702.50.

Several equities research analysts have issued reports on the company. Shore Capital restated a “hold” rating on shares of Halma in a research report on Friday, September 26th. Peel Hunt reiterated a “buy” rating and set a GBX 3,750 price objective on shares of Halma in a research note on Thursday, November 20th. Citigroup increased their price objective on Halma from GBX 3,150 to GBX 3,700 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft lifted their target price on Halma from GBX 3,690 to GBX 3,700 and gave the company a “hold” rating in a report on Friday, November 28th. Finally, Panmure Gordon upped their price target on Halma from GBX 3,820 to GBX 3,880 and gave the company a “buy” rating in a research report on Friday, December 5th.

Halma Stock Up 1.0%

HLMA opened at GBX 3,666 on Friday. The company has a 50 day moving average of GBX 3,534.17 and a 200 day moving average of GBX 3,399.47. The company has a market cap of £13.85 billion, a PE ratio of 40.09, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. Halma has a 12 month low of GBX 2,316 and a 12 month high of GBX 3,764. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83.

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.