NMC Health (LON:NMC) had its price objective lowered by Jefferies Financial Group from GBX 2,077 ($27.14) to GBX 1,986 ($25.95) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports. The brokerage currently has an underperform rating on the stock.

A number of other research firms have also recently commented on NMC. Barclays reissued an underweight rating on shares of in a research note on Thursday, July 4th. Berenberg Bank reaffirmed a buy rating and set a GBX 3,050 ($39.85) price objective on shares of Cranswick in a research note on Tuesday, May 28th. Finally, Goldman Sachs Group cut SPECTRIS PLC/ADR from a neutral rating to a sell rating in a research note on Monday, March 25th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. NMC Health currently has an average rating of Buy and a consensus target price of GBX 3,764.33 ($49.19).

NMC opened at GBX 2,230 ($29.14) on Tuesday. The company has a market capitalization of $4.66 billion and a PE ratio of 18.77. The company has a current ratio of 1.45, a quick ratio of 1.16 and a debt-to-equity ratio of 150.61. NMC Health has a 52 week low of GBX 2,110 ($27.57) and a 52 week high of GBX 4,376 ($57.18). The company has a fifty day moving average price of GBX 2,371.88.

In related news, insider Prasanth Manghat acquired 75,000 shares of NMC Health stock in a transaction dated Thursday, May 30th. The shares were purchased at an average cost of GBX 2,495 ($32.60) per share, with a total value of £1,871,250 ($2,445,119.56).

NMC Health Company Profile

NMC Health Plc provides healthcare services in the United Arab Emirates, Spain, and internationally. The company operates through two businesses, NMC Healthcare and NMC Trading. It owns and manages approximately 135 healthcare facilities that include hospitals, medical centers, long term care facilities, day surgery centers, fertility centers, and home health services providers.

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Analyst Recommendations for NMC Health (LON:NMC)

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