JPMorgan Chase & Co. Reiterates “Neutral” Rating for Ramsay Health Care Limited (RHC)
Ramsay Health Care Limited (ASX:RHC)‘s stock had its “neutral” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, StockRatingsNetwork reports.
A number of other analysts have also recently weighed in on RHC. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Ramsay Health Care Limited in a research note to investors on Thursday, December 19th.
Ramsay Health Care Limited (ASX:RHC) opened at 44.120 on Friday. Ramsay Health Care Limited has a one year low of A$27.550 and a one year high of A$45.170. The stock’s 50-day moving average is A$41.12 and its 200-day moving average is A$37.63. The company has a market cap of A$8.817 billion and a price-to-earnings ratio of 35.62.
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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