Halma (LON:HLMA) Earns Hold Rating from Shore Capital

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

HLMA has been the subject of a number of other research reports. Berenberg Bank upped their price objective on shares of Halma from GBX 2,450 ($31.82) to GBX 2,700 ($35.07) and gave the stock a "hold" rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. raised shares of Halma to a "neutral" rating and set a GBX 2,600 ($33.77) price target for the company in a report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of GBX 2,587.50 ($33.61).

Halma Stock Performance

Shares of LON:HLMA traded down GBX 21 ($0.27) during trading on Thursday, reaching GBX 2,690 ($34.94). The company had a trading volume of 395,496 shares, compared to its average volume of 1,576,022. Halma has a fifty-two week low of GBX 2,143 ($27.83) and a fifty-two week high of GBX 3,094 ($40.19). 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's fifty day moving average price is GBX 2,833.57 and its 200 day moving average price is GBX 2,683.48. The firm has a market capitalization of £10.13 billion, a price-to-earnings ratio of 37.63, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53.

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Insider Transactions at Halma

In other Halma news, insider Carole Cran bought 8,000 shares of the company's stock in a transaction on Monday, January 13th. The stock was purchased at an average cost of GBX 2,659 ($34.54) per share, for a total transaction of £212,720 ($276,295.62). Corporate insiders own 2.20% of the company's stock.

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.