Insider Buying: Halma plc (LON:HLMA) Insider Purchases 267 Shares of Stock

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

Halma Stock Down 0.2 %

Shares of HLMA stock opened at GBX 2,624 ($33.96) on Friday. 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 stock 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. The stock has a 50 day moving average of GBX 2,820.89 and a 200 day moving average of GBX 2,689.10. Halma plc has a twelve month low of GBX 2,143 ($27.74) and a twelve month high of GBX 3,094 ($40.05).

Wall Street Analyst Weigh In

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

Halma Company Profile

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.