Primary Health Properties (LON:PHP)‘s stock had its “hold” rating reissued by equities research analysts at Liberum Capital in a research note issued on Monday. They presently have a GBX 120 ($1.63) price target on the real estate investment trust’s stock. Liberum Capital’s price target would suggest a potential upside of 3.15% from the company’s previous close.
PHP has been the subject of a number of other research reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 125 ($1.70) price objective on shares of Primary Health Properties in a research note on Tuesday, December 5th. Jefferies Group assumed coverage on shares of Primary Health Properties in a research note on Wednesday, November 29th. They issued a “buy” rating and a GBX 125 ($1.70) price objective for the company.
Shares of Primary Health Properties (LON PHP) opened at GBX 116 ($1.57) on Monday. Primary Health Properties has a 12-month low of GBX 105 ($1.42) and a 12-month high of GBX 123.50 ($1.67). The company has a market capitalization of $718.56 and a price-to-earnings ratio of 1,160.00.
About Primary Health Properties
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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