Primary Health Properties Plc (PHP.L) – What Are Analysts Saying About This Stock?

Shares of Primary Health Properties Plc (LON:PHP – Get Free Report) have been given an average rating of “Moderate Buy” by the five research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 115.20.

A number of research analysts recently commented on the company. Shore Capital Group reissued a “house stock” rating on shares of Primary Health Properties in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 115 price objective on shares of Primary Health Properties in a report on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and issued a GBX 118 target price on shares of Primary Health Properties in a research report on Thursday, October 1st. Finally, Berenberg Bank upped their target price on Primary Health Properties from GBX 128 to GBX 133 and gave the stock a “buy” rating in a research note on Friday, August 14th.

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Primary Health Properties Stock Performance

Shares of PHP opened at GBX 89.40 on Wednesday. Primary Health Properties has a 12-month low of GBX 87.55 and a 12-month high of GBX 109.60. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 131.37. The company has a market cap of £2.32 billion, a PE ratio of 14.90, a price-to-earnings-growth ratio of 5.64 and a beta of 0.79. The stock has a 50-day moving average price of GBX 93.55 and a 200-day moving average price of GBX 93.42.

Primary Health Properties (LON:PHP – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 3.80 earnings per share for the quarter. Primary Health Properties had a net margin of 43.30% and a return on equity of 6.20%. As a group, equities analysts forecast that Primary Health Properties will post 7.09 earnings per share for the current fiscal year.

About Primary Health Properties

(Get Free Report)

PHP is a leading investor in critical healthcare infrastructure in the UK and Ireland.

The overall objective of the group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP has an unbroken 30 year track record of dividend growth.

To achieve this, PHP invests in healthcare real estate let on long-term leases, backed by secure underlying covenants where the majority of rental income is funded directly or indirectly by a government body.

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