Halma (LON:HLMA) Price Target Raised to GBX 3,500

Halma (LON:HLMA) had its price objective lifted by JPMorgan Chase & Co. from GBX 3,200 to GBX 3,500 in a report released on Wednesday morning, MarketBeat reports. They currently have a neutral rating on the stock.

HLMA has been the subject of several other research reports. Panmure Gordon increased their price target on Halma from GBX 3,610 to GBX 3,820 and gave the stock a “buy” rating in a research note on Friday, November 21st. Shore Capital reiterated a “hold” rating on shares of Halma in a research report on Friday, September 26th. Peel Hunt reissued a “buy” rating and set a GBX 3,750 target price on shares of Halma in a research note on Thursday, November 20th. The Goldman Sachs Group started coverage on shares of Halma in a research report on Thursday, August 7th. They set a “buy” rating and a GBX 3,740 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Halma from GBX 3,290 to GBX 3,690 and gave the stock a “hold” rating in a research note on Friday, October 3rd. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,643.75.

Halma Stock Down 0.3%

HLMA opened at GBX 3,560 on Wednesday. Halma has a 12 month low of GBX 2,316 and a 12 month high of GBX 3,764. 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 stock has a market cap of £13.45 billion, a P/E ratio of 45.56, a P/E/G ratio of 2.93 and a beta of 0.53. The stock’s 50 day moving average price is GBX 3,482.17 and its 200 day moving average price is GBX 3,276.92.

Insider Buying and Selling at Halma

In other news, insider Jennifer Ward sold 15,000 shares of Halma stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of GBX 3,381, for a total value of £507,150. 0.81% of the stock is currently owned by company insiders.

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 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.