Halma plc (LON:HLMA) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Halma plc (LON:HLMA) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 3,737.50.

A number of research firms recently issued reports on HLMA. Citigroup upped their target price on Halma from GBX 3,150 to GBX 3,700 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Panmure Gordon increased their price objective on Halma from GBX 3,820 to GBX 3,880 and gave the company a “buy” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. lifted their price objective on Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Halma from GBX 3,800 to GBX 3,980 and gave the company a “hold” rating in a research note on Friday, January 16th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 3,750 price target on shares of Halma in a research note on Thursday, November 20th.

Halma Stock Performance

LON:HLMA opened at GBX 3,558 on Tuesday. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83. The firm has a 50-day moving average price of GBX 3,590.65 and a two-hundred day moving average price of GBX 3,447.23. Halma has a twelve month low of GBX 2,316 and a twelve month high of GBX 3,764. The company has a market capitalization of £13.44 billion, a P/E ratio of 38.91, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53.

Halma (LON:HLMA) last announced its quarterly earnings results on Friday, January 16th. The company reported GBX 55.32 earnings per share (EPS) for the quarter. Halma had a net margin of 13.21% and a return on equity of 15.87%. As a group, research analysts expect that Halma will post 90.5626134 earnings per share for the current fiscal year.

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.