Primary Health Properties (LON:PHP) Reaches New 1-Year High – Here’s What Happened

Primary Health Properties Plc (LON:PHPGet Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 104.60 and last traded at GBX 104.49, with a volume of 8686162 shares changing hands. The stock had previously closed at GBX 102.90.

Analyst Ratings Changes

Separately, Jefferies Financial Group lifted their target price on Primary Health Properties from GBX 110 to GBX 114 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 114.

Read Our Latest Analysis on Primary Health Properties

Primary Health Properties Price Performance

The company has a market capitalization of £2.71 billion, a P/E ratio of 14.53, a P/E/G ratio of 5.64 and a beta of 0.41. The company’s 50-day simple moving average is GBX 97.59 and its 200 day simple moving average is GBX 94.68. The company has a quick ratio of 0.62, a current ratio of 0.50 and a debt-to-equity ratio of 96.73.

About Primary Health Properties

(Get Free Report)

Primary Health Properties plc is a leading investor in modern primary healthcare properties. The Company acquires or forward funds the development of modern, purpose-built premises that are leased to GP’s, government healthcare bodies, pharmacies and other providers of related healthcare services.

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