Primary Health Properties (LON:PHP) Rating Reiterated by Peel Hunt
Peel Hunt reiterated their add rating on shares of Primary Health Properties (LON:PHP) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other brokerages have also recently commented on PHP. Berenberg Bank began coverage on shares of Primary Health Properties in a research note on Friday, November 29th. They set a hold rating and a GBX 150 ($1.96) price target for the company. Liberum Capital reiterated a hold rating on shares of Primary Health Properties in a research note on Monday, November 25th.
LON PHP opened at GBX 148.20 ($1.94) on Tuesday. Primary Health Properties has a twelve month low of GBX 107.60 ($1.41) and a twelve month high of GBX 147.60 ($1.93). The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 106.19. The stock has a market cap of $1.80 billion and a P/E ratio of -17.44. The company’s 50-day simple moving average is GBX 142.24 and its 200 day simple moving average is GBX 136.64.
Primary Health Properties Company Profile
Primary Health Properties PLC (PHP) is a UK Real Estate Investment Trust (REIT) and the leading investor in modern primary healthcare premises. The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieves this by investing in healthcare real estate in the UK and Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.
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