Halma plc (LON:HLMA) Given Average Recommendation of “Moderate Buy” by Analysts

Halma plc (LON:HLMA) has earned a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,737.50.

HLMA has been the topic of a number of research analyst reports. Panmure Gordon raised their target price on Halma from GBX 3,820 to GBX 3,880 and gave the company a “buy” rating in a report on Friday, December 5th. JPMorgan Chase & Co. raised their price objective on shares of Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a research note 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 stock a “hold” rating in a research report on Friday, January 16th. Citigroup increased their price target on shares of Halma from GBX 3,150 to GBX 3,700 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 3,750 price target on shares of Halma in a research report on Thursday, November 20th.

Halma Stock Performance

Shares of LON HLMA opened at GBX 4,184 on Friday. Halma has a 52 week low of GBX 2,316 and a 52 week high of GBX 4,204. The firm has a market cap of £15.80 billion, a price-to-earnings ratio of 45.75, a P/E/G ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45. The business’s 50-day simple moving average is GBX 3,688.18 and its 200-day simple moving average is GBX 3,520.94.

Halma (LON:HLMA) last posted its quarterly earnings data 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, equities 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.