Halma plc (LON:HLMA) has been given a consensus rating of “Hold” by the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 1,677.50 ($21.92).
Several brokerages have weighed in on HLMA. Credit Suisse Group raised their price objective on Halma from GBX 1,770 ($23.13) to GBX 1,990 ($26.00) and gave the company an “outperform” rating in a research note on Tuesday, June 11th. Shore Capital restated a “hold” rating on shares of Halma in a research note on Tuesday, June 11th. Deutsche Bank restated a “buy” rating and set a GBX 1,960 ($25.61) price objective on shares of Halma in a research note on Friday, June 7th. Numis Securities restated a “hold” rating on shares of Halma in a research note on Thursday, June 6th. Finally, Morgan Stanley raised their price objective on Halma from GBX 1,430 ($18.69) to GBX 1,560 ($20.38) and gave the company an “equal weight” rating in a research note on Tuesday, June 11th.
LON:HLMA traded up GBX 3 ($0.04) during trading hours on Monday, hitting GBX 1,992.50 ($26.04). 895,794 shares of the company traded hands, compared to its average volume of 921,195. The company has a debt-to-equity ratio of 26.79, a quick ratio of 1.60 and a current ratio of 2.28. The business’s 50-day simple moving average is GBX 1,835.14. Halma has a one year low of GBX 1,215 ($15.88) and a one year high of GBX 2,009 ($26.25). The firm has a market cap of $7.55 billion and a P/E ratio of 44.48.
Halma Company Profile
Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.
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