NMC Health (LON:NMC) PT Raised to GBX 4,275

NMC Health (LON:NMC) had its price objective upped by Barclays from GBX 4,100 ($53.57) to GBX 4,275 ($55.86) in a research report report published on Friday, Digital Look reports. They currently have an overweight rating on the stock.

A number of other equities analysts have also commented on NMC. Jefferies Financial Group reduced their price target on shares of NMC Health from GBX 2,077 ($27.14) to GBX 1,986 ($25.95) and set an underperform rating on the stock in a research report on Tuesday, July 9th. Berenberg Bank restated a buy rating and issued a GBX 3,600 ($47.04) price target on shares of NMC Health in a research report on Tuesday, May 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 3,793.50 ($49.57).

LON NMC opened at GBX 1,910 ($24.96) on Friday. The company has a market capitalization of $3.99 billion and a PE ratio of 16.08. The company has a 50-day simple moving average of GBX 2,341.44. NMC Health has a twelve month low of GBX 1,915.50 ($25.03) and a twelve month high of GBX 4,376 ($57.18). The company has a debt-to-equity ratio of 150.61, a quick ratio of 1.16 and a current ratio of 1.45.

In other news, insider Prasanth Manghat purchased 75,000 shares of NMC Health stock in a transaction on Thursday, May 30th. The shares were purchased at an average cost of GBX 2,495 ($32.60) per share, for a total transaction of £1,871,250 ($2,445,119.56).

About NMC Health

NMC Health Plc provides healthcare services in the United Arab Emirates, Spain, and internationally. The company operates through two businesses, NMC Healthcare and NMC Trading. It owns and manages approximately 135 healthcare facilities that include hospitals, medical centers, long term care facilities, day surgery centers, fertility centers, and home health services providers.

See Also: Book Value Per Share in Stock Trading

Analyst Recommendations for NMC Health (LON:NMC)

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