Halma (LON:HLMA) Price Target Raised to GBX 3,980

Halma (LON:HLMA) had its target price raised by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 3,800 to GBX 3,980 in a note issued to investors on Friday,Digital Look reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 10.68% from the stock’s previous close.

HLMA has been the subject of several other reports. Panmure Gordon increased their price target on Halma from GBX 3,820 to GBX 3,880 and gave the company a “buy” rating in a research report on Friday, December 5th. Shore Capital reissued a “hold” rating on shares of Halma in a report on Friday, September 26th. Citigroup boosted their target price on shares of Halma from GBX 3,150 to GBX 3,700 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Peel Hunt reiterated a “buy” rating and issued a GBX 3,750 price target on shares of Halma in a research note on Thursday, November 20th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Halma from GBX 3,500 to GBX 3,900 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 3,737.50.

Halma Stock Down 2.8%

LON:HLMA traded down GBX 102 during trading hours on Friday, reaching GBX 3,596. 506,420 shares of the stock were exchanged, compared to its average volume of 2,794,235. Halma has a twelve month low of GBX 2,316 and a twelve month high of GBX 3,764. The firm has a 50 day moving average of GBX 3,550.91 and a 200 day moving average of GBX 3,415.53. The stock has a market cap of £13.58 billion, a PE ratio of 39.32, a PEG ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

Halma (LON:HLMA) last issued its quarterly earnings results on Friday, January 16th. The company reported GBX 55.32 earnings per share (EPS) for the quarter. Halma had a net margin of 13.21% and a return on equity of 15.87%. On average, equities analysts expect that Halma will post 90.5626134 earnings per share for the current year.

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 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.