Halma plc (LON:HLMA) Insider Steve Gunning Buys 267 Shares of Stock

Halma plc (LON:HLMA) insider Steve Gunning acquired 267 shares of Halma stock in a transaction that occurred on Thursday, March 27th. The shares were purchased at an average price of GBX 2,619 ($33.90) per share, for a total transaction of £6,992.73 ($9,050.91).

Halma Stock Performance

Shares of HLMA opened at GBX 2,624 ($33.96) on Friday. The firm has a fifty day moving average of GBX 2,820.89 and a 200-day moving average of GBX 2,688.22. The company has a market cap of £9.88 billion, a price-to-earnings ratio of 36.71, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45. Halma plc has a 1 year low of GBX 2,143 ($27.74) and a 1 year high of GBX 3,094 ($40.05).

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Berenberg Bank increased their target price on shares of Halma from GBX 2,450 ($31.71) to GBX 2,700 ($34.95) and gave the stock a “hold” rating in a report on Thursday, December 5th. Shore Capital reiterated a “hold” rating on shares of Halma in a research note on Thursday, March 13th. Finally, JPMorgan Chase & Co. upgraded Halma to a “neutral” rating and set a GBX 2,600 ($33.65) target price for the company in a research note on Friday, December 6th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 2,587.50 ($33.49).

Halma Company Profile

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.