Halma (LON:HLMA) Given Hold Rating at Shore Capital

Key Points

• Halma's stock has maintained a "hold" rating from Shore Capital, with a consensus price target of GBX 3,316, according to recent analysis.
• Berenberg Bank and Deutsche Bank both raised their target prices for Halma, reflecting a range of ratings from "buy" to "hold" among different brokerages.
• Halma operates globally in sectors focused on safety, environment, and health, employing over 8,000 people across more than 20 countries.

Halma (LON:HLMA - Get Free Report)'s stock had its "hold" rating reaffirmed by research analysts at Shore Capital in a research note issued on Friday,Digital Look reports.

A number of other brokerages also recently weighed in on HLMA. Berenberg Bank boosted their target price on shares of Halma from GBX 3,250 to GBX 3,750 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Halma from GBX 3,200 to GBX 3,290 and gave the stock a "hold" rating in a research note on Friday, September 5th. Finally, The Goldman Sachs Group started coverage on shares of Halma in a research note on Thursday, August 7th. They issued a "buy" rating and a GBX 3,740 target price for the company. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Halma currently has an average rating of "Hold" and a consensus price target of GBX 3,316.

Halma Trading Down 0.0%

Shares of LON HLMA opened at GBX 3,371.28 on Friday. Halma has a 1-year low of GBX 2,316 and a 1-year high of GBX 3,444. The company has a market cap of £12.73 billion, a PE ratio of 4,314.40, a P/E/G 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. The company has a 50-day moving average of GBX 3,273.40 and a two-hundred day moving average of GBX 3,007.26.

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.

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