Halma (LON:HLMA) Receives “Hold” Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Halma (LON:HLMA) in a research note released on Friday morning, Marketbeat.com reports. The brokerage currently has a GBX 2,400 ($30.45) price objective on the stock.

A number of other equities analysts have also recently issued reports on HLMA. Barclays upgraded Halma to an overweight rating and increased their price target for the stock from GBX 2,425 ($30.76) to GBX 2,650 ($33.62) in a report on Tuesday, April 9th. Shore Capital reissued a hold rating on shares of Halma in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Halma has an average rating of Hold and an average price target of GBX 2,336.25 ($29.64).

Halma Stock Down 0.6 %

Shares of LON:HLMA opened at GBX 2,706 ($34.33) on Friday. Halma has a 1 year low of GBX 1,802 ($22.86) and a 1 year high of GBX 2,750 ($34.89). The company has a debt-to-equity ratio of 45.76, a current ratio of 2.68 and a quick ratio of 1.51. The business’s 50-day moving average is GBX 2,372.06 and its 200-day moving average is GBX 2,290.67. The company has a market capitalization of £10.22 billion, a price-to-earnings ratio of 4,295.24, a P/E/G ratio of 4.53 and a beta of 0.59.

Halma Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, August 16th. Stockholders of record on Thursday, July 11th will be given a dividend of GBX 13.20 ($0.17) per share. This represents a dividend yield of 0.56%. This is a positive change from Halma’s previous dividend of $8.41. The ex-dividend date of this dividend is Thursday, July 11th. Halma’s dividend payout ratio is presently 3,333.33%.

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.