Ramsay Health Care Limited Receives Hold Rating from Deutsche Bank (RHC)
Ramsay Health Care Limited (ASX:RHC)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a report issued on Sunday, Analyst Ratings.Net reports.
Shares of Ramsay Health Care Limited (ASX:RHC) traded up 3.38% during mid-day trading on Friday, hitting A$35.790. 319,811 shares of the company’s stock traded hands. Ramsay Health Care Limited has a 1-year low of A$22.350 and a 1-year high of A$37.800. The stock’s 50-day moving average is A$35.8 and its 200-day moving average is A$34.12. The company has a market cap of A$7.152 billion and a P/E ratio of 27.94.
Ramsay Health Care Limited is engaged in operating private hospitals. As of June 30, 2012, the Company owned and operated 117 hospitals and day surgery facilities across Australia, the United Kingdom, France and Indonesia.
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