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

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

Several equities analysts recently weighed in on HLMA shares. Barclays reaffirmed an “equal weight” rating and issued a GBX 2,100 ($24.83) price objective on shares of Halma in a research note on Thursday, October 6th. Shore Capital reissued a “buy” rating on shares of Halma in a report on Thursday, November 17th. Finally, Jefferies Financial Group decreased their target price 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 report on Monday, September 12th.

Halma Stock Performance

LON HLMA opened at GBX 2,232 ($26.39) on Friday. Halma has a fifty-two week low of GBX 1,855.30 ($21.94) and a fifty-two week high of GBX 3,270 ($38.67). The stock’s fifty day moving average is GBX 2,140.30 and its two-hundred day moving average is GBX 2,143.74. The firm has a market capitalization of £8.47 billion and a P/E 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.

Halma Cuts Dividend

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

Halma Company Profile

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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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