Halma plc (LON:HLMA) Stock Rated “Moderate Buy” by Sell-Side Analysts

Halma plc (LON:HLMA) has received an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is £6,003.71.

HLMA has been the subject of several recent research reports. Berenberg Bank reiterated a “buy” rating and set a GBX 4,200 target price on shares of Halma in a research note on Thursday, July 16th. Jefferies Financial Group restated a “hold” rating and issued a GBX 3,660 target price on shares of Halma in a research note on Friday, September 25th.

Halma Stock Down 0.1%

Shares of Halma stock opened at GBX 3,562 on Thursday. The business has a 50-day moving average of GBX 3,485.92 and a 200-day moving average of GBX 3,850.31. Halma has a 1-year low of GBX 3,198 and a 1-year high of GBX 4,902. The company has a market capitalization of £13.45 billion, a PE ratio of 36.28, a P/E/G ratio of 2.93 and a beta of 0.98. The company has a debt-to-equity ratio of 42.13, a current ratio of 2.14 and a quick ratio of 1.51.

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.