Liberum Capital reissued their hold rating on shares of Primary Health Properties (LON:PHP) in a report published on Monday morning. The brokerage currently has a GBX 120 ($1.63) target price on the real estate investment trust’s stock.
A number of other equities analysts have also recently issued reports on the company. Peel Hunt reissued a buy rating and issued a GBX 125 ($1.70) target price on shares of Primary Health Properties in a report on Tuesday, January 2nd. Jefferies Group initiated coverage on Primary Health Properties in a report on Wednesday, November 29th. They issued a buy rating and a GBX 125 ($1.70) target price for the company.
Primary Health Properties (LON PHP) opened at GBX 115 ($1.56) on Monday. The company has a market capitalization of $712.37 and a P/E ratio of 1,150.00. Primary Health Properties has a twelve month low of GBX 105 ($1.42) and a twelve month high of GBX 123.50 ($1.67).
The business also recently announced a dividend, which will be paid on Friday, February 23rd. Stockholders of record on Thursday, January 11th will be issued a GBX 1.35 ($0.02) dividend. The ex-dividend date is Thursday, January 11th. This is a boost from Primary Health Properties’s previous dividend of $1.32. This represents a dividend yield of 1.15%.
In related news, insider Harry Abraham Hyman bought 923 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was acquired at an average cost of GBX 114 ($1.55) per share, with a total value of £1,052.22 ($1,426.93). Over the last three months, insiders bought 1,093 shares of company stock valued at $124,687.
COPYRIGHT VIOLATION NOTICE: “Primary Health Properties (PHP) Receives “Hold” Rating from Liberum Capital” was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/01/12/primary-health-properties-php-receives-hold-rating-from-liberum-capital.html.
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.
Receive News & Ratings for Primary Health Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primary Health Properties and related companies with MarketBeat.com's FREE daily email newsletter.