Halma’s (HLMA) Hold Rating Reiterated at Shore Capital

Shore Capital reaffirmed their hold rating on shares of Halma (LON:HLMA) in a research report released on Friday, Marketbeat Ratings reports.

A number of other equities research analysts have also recently weighed in on HLMA. The Goldman Sachs Group initiated coverage on Halma in a report on Thursday, August 7th. They set a “buy” rating and a GBX 3,740 price target for the company. Deutsche Bank Aktiengesellschaft raised their price target on Halma from GBX 3,200 to GBX 3,290 and gave the company a “hold” rating in a report on Friday, September 5th. Finally, Berenberg Bank raised their price target on Halma from GBX 3,250 to GBX 3,750 and gave the company a “buy” rating in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Halma has an average rating of “Hold” and an average price target of GBX 3,316.

Halma Price Performance

Shares of HLMA opened at GBX 3,352 on Friday. 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 company has a market cap of £12.66 billion, a P/E ratio of 4,289.74, a PEG ratio of 2.93 and a beta of 0.53. Halma has a 12 month low of GBX 2,316 and a 12 month high of GBX 3,444. The stock has a fifty day moving average price of GBX 3,275.40 and a 200 day moving average price of GBX 3,017.57.

Insider Transactions at Halma

In other Halma news, insider Jennifer Ward sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of GBX 3,381, for a total value of £507,150. Insiders own 0.81% of the company’s stock.

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 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.