Primary Health Properties (LON:PHP) Rating Reiterated by Berenberg Bank

Primary Health Properties (LON:PHPGet Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research report issued to clients and investors on Friday, reports. They presently have a GBX 103 ($1.29) price objective on the real estate investment trust’s stock. Berenberg Bank’s price objective suggests a potential upside of 12.32% from the stock’s current price.

Primary Health Properties Stock Down 0.5 %

PHP stock opened at GBX 91.70 ($1.15) on Friday. The stock has a fifty day moving average of GBX 99.21 and a 200-day moving average of GBX 95.71. Primary Health Properties has a fifty-two week low of GBX 84.20 ($1.06) and a fifty-two week high of GBX 112.80 ($1.41). The company has a market capitalization of £1.23 billion, a price-to-earnings ratio of -4,585.00, a PEG ratio of 5.64 and a beta of 0.35. The company has a debt-to-equity ratio of 87.37, a quick ratio of 0.62 and a current ratio of 0.40.

About Primary Health Properties

(Get Free Report)

Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.

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