NMC Health PLC (NMC) Receives Consensus Recommendation of “Buy” from Brokerages
NMC Health PLC (LON:NMC) has been given a consensus recommendation of “Buy” by the six research firms that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 2,522 ($33.17).
NMC has been the topic of a number of research reports. Jefferies Group LLC upped their target price on NMC Health PLC from GBX 2,450 ($32.22) to GBX 2,810 ($36.96) and gave the company a “hold” rating in a report on Tuesday, October 3rd. Berenberg Bank initiated coverage on NMC Health PLC in a report on Friday, October 6th. They issued a “buy” rating and a GBX 4,000 ($52.61) target price on the stock.
NMC Health PLC (NMC) traded up GBX 34 ($0.45) during midday trading on Tuesday, reaching GBX 3,199 ($42.08). The company’s stock had a trading volume of 450,187 shares, compared to its average volume of 268,668. NMC Health PLC has a 12-month low of GBX 1,277.18 ($16.80) and a 12-month high of GBX 3,199 ($42.08).
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In other news, insider Salma Hareb acquired 6,600 shares of the company’s stock in a transaction that occurred on Thursday, October 12th. The shares were purchased at an average price of GBX 2,971 ($39.08) per share, for a total transaction of £196,086 ($257,906.09).
About NMC Health PLC
NMC Health plc is a private healthcare services provider in the United Arab Emirates. The Company operates through two segments: healthcare and distribution & services. The healthcare segment is engaged in providing professional medical services, comprising diagnostic services, in and outpatient clinics, provision of all types of research and medical services in the field of gynecology, obstetrics and human reproduction and retailing of pharmaceutical goods.
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