Halma plc (LON:HLMA - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 3,416 ($46.20) and last traded at GBX 3,386 ($45.79), with a volume of 482461 shares trading hands. The stock had previously closed at GBX 3,378 ($45.69).
Wall Street Analysts Forecast Growth
HLMA has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective 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. Shore Capital restated a "hold" rating and issued a GBX 3,200 price objective on shares of Halma in a research note on Tuesday, August 26th. Berenberg Bank boosted their price objective 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. Finally, The Goldman Sachs Group assumed coverage on shares of Halma in a research note on Thursday, August 7th. They issued a "buy" rating and a GBX 3,740 price objective for the company. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Halma currently has a consensus rating of "Hold" and a consensus target price of GBX 3,316.
Check Out Our Latest Analysis on Halma
Halma Trading Down 0.6%
The stock has a market capitalization of £12.71 billion, a price-to-earnings ratio of 4,307.65, a PEG ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45. The company's 50 day moving average is GBX 3,267.80 and its 200 day moving average is GBX 3,000.15.
Insider Buying and Selling at Halma
In other Halma news, insider Jennifer Ward sold 4,021 shares of the business's stock in a transaction on Thursday, June 26th. The shares were sold at an average price of GBX 3,202, for a total value of £128,752.42. Also, insider Marc Ronchetti sold 36,245 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of GBX 3,248, for a total transaction of £1,177,237.60. Insiders sold a total of 65,175 shares of company stock worth $211,232,540 in the last three months. Insiders own 0.81% of the company's stock.
About Halma
(
Get Free Report)
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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