Halma (LON:HLMA) Stock Rating Reaffirmed by Deutsche Bank Aktiengesellschaft

Halma (LON:HLMA)‘s stock had its “hold” rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Friday, MarketBeat reports. They currently have a GBX 2,400 ($30.45) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential downside of 11.31% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Barclays raised shares of Halma to an “overweight” rating and boosted their price objective for the company from GBX 2,425 ($30.76) to GBX 2,650 ($33.62) in a research note on Tuesday, April 9th. Shore Capital reissued a “hold” rating on shares of Halma in a report on Thursday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 2,336.25 ($29.64).

Halma Trading Down 0.6 %

LON:HLMA opened at GBX 2,706 ($34.33) on Friday. Halma has a 12-month low of GBX 1,802 ($22.86) and a 12-month high of GBX 2,750 ($34.89). The company has a current ratio of 2.68, a quick ratio of 1.51 and a debt-to-equity ratio of 45.76. The stock’s 50 day simple moving average is GBX 2,372.06 and its 200-day simple moving average is GBX 2,291.17. The firm has a market cap of £10.22 billion, a P/E ratio of 4,295.24, a PEG ratio of 4.53 and a beta of 0.59.

About Halma

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.