Assura (LON:AGR) Earns Buy Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Assura (LON:AGR) in a report issued on Tuesday morning, MarketBeat.com reports.

Other equities analysts have also issued reports about the company. Barclays reaffirmed an overweight rating and issued a GBX 53 ($0.67) price objective on shares of Assura in a research note on Friday, February 9th. Peel Hunt lowered Assura to an add rating and set a GBX 48 ($0.61) price target on the stock. in a research note on Wednesday, March 20th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of GBX 52 ($0.66).

Assura Stock Up 0.1 %

Shares of LON:AGR opened at GBX 40.22 ($0.51) on Tuesday. The firm has a market cap of £1.20 billion, a P/E ratio of -669.67, a P/E/G ratio of 3.60 and a beta of 0.30. Assura has a 12-month low of GBX 38.38 ($0.49) and a 12-month high of GBX 50.75 ($0.65). The business has a fifty day simple moving average of GBX 41.67 and a 200 day simple moving average of GBX 43.54. The company has a quick ratio of 2.84, a current ratio of 1.29 and a debt-to-equity ratio of 82.21.

Assura Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 10th. Stockholders of record on Thursday, June 6th will be given a dividend of GBX 0.84 ($0.01) per share. This represents a dividend yield of 1.97%. This is a positive change from Assura’s previous dividend of $0.82. The ex-dividend date is Thursday, June 6th. Assura’s dividend payout ratio is presently -5,000.00%.

Insider Transactions at Assura

In other news, insider Jonathan Murphy bought 786 shares of the stock in a transaction dated Friday, April 5th. The shares were bought at an average cost of GBX 41 ($0.52) per share, with a total value of £322.26 ($409.58). Insiders have bought 200,886 shares of company stock valued at $8,635,752 over the last ninety days. 0.24% of the stock is owned by company insiders.

Assura Company Profile

Assura plc is a national healthcare premises specialist and UK REIT based in Altrincham, UK – caring for more than 600 primary healthcare buildings, from which over six million patients are served. A constituent of the FTSE 250 and the EPRA indices, as at 30 September 2023, Assura's portfolio was valued at £2.7 billion.