Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Halma (LON:HLMA) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for Halma stock from GBX 3,290 to GBX 3,690, indicating a potential upside of 4.71% from the previous close.
• Halma currently has a consensus rating of "Hold" among analysts, with two analysts recommending a "Buy" and three issuing a "Hold" rating.
• Insider transactions have occurred, with a corporate insider selling 15,000 shares at an average price of GBX 3,381, totaling £507,150.

Halma (LON:HLMA - Get Free Report) had its price objective boosted by Deutsche Bank Aktiengesellschaft from GBX 3,290 to GBX 3,690 in a research report issued on Friday,Digital Look reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 4.71% from the company's previous close.

HLMA has been the topic of several other reports. Berenberg Bank upped their price objective on Halma from GBX 3,250 to GBX 3,750 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Shore Capital reaffirmed a "hold" rating on shares of Halma in a report on Friday, September 26th. Finally, The Goldman Sachs Group began coverage on Halma in a research report on Thursday, August 7th. They set a "buy" rating and a GBX 3,740 target price on the stock. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Halma currently has a consensus rating of "Hold" and an average target price of GBX 3,396.

Halma Price Performance

LON HLMA traded up GBX 30.65 during trading hours on Friday, reaching GBX 3,524. The company's stock had a trading volume of 443,727 shares, compared to its average volume of 1,556,220. The firm's 50-day moving average price is GBX 3,297.31 and its 200-day moving average price is GBX 3,044.78. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83. Halma has a 1 year low of GBX 2,316 and a 1 year high of GBX 3,568. The company has a market capitalization of £13.31 billion, a price-to-earnings ratio of 4,509.85, a PEG ratio of 2.93 and a beta of 0.53.

Insider Buying and Selling at Halma

In other news, insider Jennifer Ward sold 15,000 shares of the stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of GBX 3,381, for a total value of £507,150. Corporate insiders own 0.81% 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.

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