Deutsche Bank reiterated their buy rating on shares of Halma (LON:HLMA) in a report published on Friday, June 7th, ThisIsMoney.Co.Uk reports. They currently have a GBX 1,960 ($25.61) price target on the stock.
Several other equities analysts have also recently commented on the stock. Numis Securities reaffirmed a hold rating on shares of Halma in a research note on Thursday, June 6th. BNP Paribas cut shares of Halma to a neutral rating and boosted their price target for the stock from GBX 1,550 ($20.25) to GBX 1,650 ($21.56) in a research note on Wednesday, April 10th. Jefferies Financial Group reissued a hold rating and issued a GBX 1,675 ($21.89) price target (up previously from GBX 1,390 ($18.16)) on shares of Halma in a research note on Wednesday, April 3rd. UBS Group reissued a sell rating on shares of Halma in a research note on Friday, March 22nd. Finally, Shore Capital reissued a hold rating on shares of Halma in a research note on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 1,702.50 ($22.25).
Shares of LON HLMA traded down GBX 8 ($0.10) during midday trading on Friday, hitting GBX 2,020 ($26.39). The company’s stock had a trading volume of 2,235,307 shares, compared to its average volume of 921,195. The company’s fifty day simple moving average is GBX 1,887.24. The stock has a market cap of $7.66 billion and a price-to-earnings ratio of 45.09. Halma has a one year low of GBX 1,215 ($15.88) and a one year high of GBX 2,050 ($26.79). The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 26.79.
Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.
Further Reading: What is the price-sales ratio?
Receive News & Ratings for Halma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halma and related companies with MarketBeat.com's FREE daily email newsletter.