Peel Hunt restated their add rating on shares of Primary Health Properties (LON:PHP) in a research note released on Tuesday morning, ThisIsMoney.Co.Uk reports.
Several other analysts also recently commented on the company. Berenberg Bank initiated coverage on Primary Health Properties in a research note on Friday, November 29th. They issued a hold rating and a GBX 150 ($1.96) target price for the company. Liberum Capital reaffirmed a hold rating on shares of Primary Health Properties in a research note on Monday, November 25th.
PHP opened at GBX 151 ($1.97) on Tuesday. The company has a fifty day moving average price of GBX 142.48 and a two-hundred day moving average price of GBX 136.73. Primary Health Properties has a 1-year low of GBX 107.60 ($1.41) and a 1-year high of GBX 147.60 ($1.93). The company has a market cap of $1.83 billion and a P/E ratio of -17.76. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 106.19.
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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