Halma plc (LON:HLMA) Given Average Rating of “Hold” by Brokerages

Shares of Halma plc (LON:HLMAGet Rating) have been given a consensus rating of “Hold” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 2,153.75 ($25.47).

HLMA has been the subject of several recent research reports. Shore Capital reiterated a “buy” rating on shares of Halma in a research note on Thursday, November 17th. Jefferies Financial Group dropped their price objective on shares of Halma from GBX 1,960 ($23.18) to GBX 1,820 ($21.52) and set an “underperform” rating for the company in a research note on Monday, September 12th. Finally, Barclays reissued an “equal weight” rating and set a GBX 2,100 ($24.83) price objective on shares of Halma in a research note on Thursday, October 6th.

Halma Stock Performance

Shares of Halma stock opened at GBX 2,232 ($26.39) on Friday. Halma has a one year low of GBX 1,855.30 ($21.94) and a one year high of GBX 3,270 ($38.67). The company has a market cap of £8.47 billion and a PE ratio of 3,540.63. The company has a debt-to-equity ratio of 43.82, a quick ratio of 1.51 and a current ratio of 2.29. The business has a 50-day simple moving average of GBX 2,140.30 and a 200-day simple moving average of GBX 2,143.74.

Halma Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 3rd. Shareholders of record on Thursday, December 22nd will be paid a GBX 7.86 ($0.09) dividend. This represents a yield of 0.34%. The ex-dividend date of this dividend is Thursday, December 22nd. Halma’s payout ratio is 28.33%.

About Halma

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Halma plc, through its subsidiaries, provides technology solutions in the safety, health, and environmental markets. It operates through three segments: Safety, Environmental & Analysis, and Medical. The Safety segment provides fire detection, specialist fire suppression, elevator safety, security sensors, people and vehicle flow technologies, specialized interlocks that control critical processes safely, and explosion protection and corrosion monitoring systems.

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Analyst Recommendations for Halma (LON:HLMA)

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