Primary Health Properties (PHP) Receives Hold Rating from Liberum Capital
Liberum Capital reaffirmed their hold rating on shares of Primary Health Properties (LON:PHP) in a research report report published on Thursday. The firm currently has a GBX 120 ($1.62) target price on the real estate investment trust’s stock.
A number of other research firms have also issued reports on PHP. Jefferies Group started coverage on Primary Health Properties in a research report on Wednesday, November 29th. They set a buy rating and a GBX 125 ($1.68) price objective for the company. Peel Hunt restated a buy rating and set a GBX 125 ($1.68) price objective on shares of Primary Health Properties in a research report on Tuesday, December 5th.
Primary Health Properties (LON PHP) opened at GBX 115.50 ($1.55) on Thursday. Primary Health Properties has a 12-month low of GBX 105 ($1.41) and a 12-month high of GBX 123.50 ($1.66).
In other Primary Health Properties news, insider Harry Abraham Hyman purchased 923 shares of Primary Health Properties stock in a transaction on Friday, November 24th. The stock was bought at an average price of GBX 114 ($1.53) per share, for a total transaction of £1,052.22 ($1,416.18). Insiders have acquired a total of 1,173 shares of company stock valued at $134,367 in the last quarter.
Primary Health Properties Company Profile
Primary Health Properties PLC (PHP) is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is the investment in primary healthcare property in the United Kingdom and the Republic of Ireland. It specializes in the ownership of freehold or long leasehold interests in purpose-built healthcare facilities, which are leased to general practitioners, government healthcare bodies and other associated healthcare users.
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