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

Halma (LON:HLMA)‘s stock had its “hold” rating reissued by Deutsche Bank Aktiengesellschaft in a report released on Friday, Digital Look reports. They currently have a GBX 2,400 ($30.45) price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential downside of 11.67% from the stock’s current price.

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

Halma Stock Performance

Shares of Halma stock opened at GBX 2,717 ($34.47) on Friday. 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 firm has a market capitalization of £10.26 billion, a P/E ratio of 4,312.70, a P/E/G ratio of 4.53 and a beta of 0.59. The business has a fifty day simple moving average of GBX 2,361.60 and a two-hundred day simple moving average of GBX 2,287.24. Halma has a 12 month low of GBX 1,802 ($22.86) and a 12 month high of GBX 2,750 ($34.89).

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.