Halma plc (LON:HLMA) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Halma plc (LON:HLMA) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 3,737.50.

Separately, Shore Capital Group reaffirmed a “hold” rating on shares of Halma in a research report on Monday, April 13th.

Halma Price Performance

Shares of LON:HLMA opened at GBX 4,518 on Thursday. The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 43.44. Halma has a fifty-two week low of GBX 2,822 and a fifty-two week high of GBX 4,714. The firm has a 50-day simple moving average of GBX 4,141.98 and a 200 day simple moving average of GBX 3,812.09. The company has a market cap of £17.06 billion, a PE ratio of 49.40, a P/E/G ratio of 2.93 and a beta of 0.96.

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.