Halma (LON:HLMA) Earns Hold Rating from Shore Capital

Halma (LON:HLMA)‘s stock had its “hold” rating reiterated by equities research analysts at Shore Capital in a research report issued on Thursday,Digital Look reports.

A number of other equities analysts have also issued reports on the stock. Berenberg Bank boosted their target price on shares of Halma from GBX 2,450 ($31.69) to GBX 2,700 ($34.92) and gave the stock a “hold” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. raised shares of Halma to a “neutral” rating and set a GBX 2,600 ($33.63) target price on the stock in a research report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Halma presently has an average rating of “Hold” and an average target price of GBX 2,587.50 ($33.47).

Halma Trading Up 1.5 %

Shares of HLMA stock opened at GBX 2,711 ($35.07) on Thursday. Halma has a 1 year low of GBX 2,143 ($27.72) and a 1 year high of GBX 3,094 ($40.02). The firm’s fifty day simple moving average is GBX 2,833.09 and its 200 day simple moving average is GBX 2,681.43. The firm has a market capitalization of £10.21 billion, a P/E ratio of 37.93, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83.

Insider Buying and Selling at Halma

In other Halma news, insider Carole Cran purchased 8,000 shares of the stock in a transaction on Monday, January 13th. The shares were purchased at an average price of GBX 2,659 ($34.39) per share, with a total value of £212,720 ($275,151.99). Insiders own 2.20% 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.