Steve Gunning Acquires 267 Shares of Halma plc (LON:HLMA) Stock

Halma plc (LON:HLMA) insider Steve Gunning bought 267 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were acquired at an average price of GBX 2,619 ($33.90) per share, with a total value of £6,992.73 ($9,050.91).

Halma Trading Down 0.2 %

Shares of HLMA opened at GBX 2,624 ($33.96) on Friday. Halma plc has a twelve month low of GBX 2,143 ($27.74) and a twelve month high of GBX 3,094 ($40.05). The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83. The company’s fifty day simple moving average is GBX 2,820.89 and its 200-day simple moving average is GBX 2,689.10. The company has a market cap of £9.88 billion, a P/E ratio of 36.71, a P/E/G ratio of 2.93 and a beta of 0.53.

Analyst Upgrades and Downgrades

HLMA has been the topic of several recent analyst reports. Shore Capital reaffirmed a “hold” rating on shares of Halma in a research report on Thursday, March 13th. Berenberg Bank upped their price target on Halma from GBX 2,450 ($31.71) to GBX 2,700 ($34.95) and gave the stock a “hold” rating in a research note on Thursday, December 5th. Finally, JPMorgan Chase & Co. raised Halma to a “neutral” rating and set a GBX 2,600 ($33.65) price objective on the stock in a research note on Friday, December 6th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 2,587.50 ($33.49).

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 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.