Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Halma (LON:HLMA) Stock Price

Halma (LON:HLMA) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 3,800 to GBX 3,980 in a research report released on Friday morning,Digital Look reports. They currently have a hold rating on the stock.

A number of other analysts have also weighed in on the company. 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 research note on Friday, December 5th. Peel Hunt reissued a “buy” rating and issued a GBX 3,750 target price on shares of Halma in a research note on Thursday, November 20th. Shore Capital reissued a “hold” rating on shares of Halma in a report on Friday, September 26th. Citigroup upped their price objective on shares of Halma from GBX 3,150 to GBX 3,700 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. raised their price objective on Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,737.50.

Halma Price Performance

Shares of HLMA traded down GBX 102 during trading hours on Friday, hitting GBX 3,596. The stock had a trading volume of 506,420 shares, compared to its average volume of 2,794,235. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51. The stock has a market capitalization of £13.58 billion, a price-to-earnings ratio of 39.32, a P/E/G ratio of 2.93 and a beta of 0.53. Halma has a 52 week low of GBX 2,316 and a 52 week high of GBX 3,764. The company’s fifty day moving average is GBX 3,550.91 and its two-hundred day moving average is GBX 3,415.53.

Halma (LON:HLMA) last posted its 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%. On average, analysts anticipate that Halma will post 90.5626134 EPS for the current year.

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.