Peel Hunt reaffirmed their buy rating on shares of Primary Health Properties (LON:PHP) in a report published on Tuesday morning, ThisIsMoney.Co.Uk reports.
Separately, Liberum Capital downgraded Primary Health Properties to a hold rating and increased their price target for the stock from GBX 125 ($1.63) to GBX 130 ($1.70) in a report on Monday, March 25th.
Shares of Primary Health Properties stock opened at GBX 138.80 ($1.81) on Tuesday. The company has a debt-to-equity ratio of 88.06, a current ratio of 0.08 and a quick ratio of 0.07. Primary Health Properties has a 1-year low of GBX 1.08 ($0.01) and a 1-year high of GBX 137.80 ($1.80). The stock has a market cap of $1.58 billion and a price-to-earnings ratio of 14.16.
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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