Ramsay Health Care Limited Receives “Hold” Rating from Deutsche Bank (RHC)
Ramsay Health Care Limited (ASX:RHC)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Sunday, AR Network reports. They currently have a $40.00 target price on the stock.
A number of other firms have also recently commented on RHC. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Ramsay Health Care Limited in a research note to investors on Sunday, January 19th.
Ramsay Health Care Limited (ASX:RHC) opened at 42.580 on Friday. Ramsay Health Care Limited has a 52-week low of A$29.550 and a 52-week high of A$45.170. The stock’s 50-day moving average is A$43.43 and its 200-day moving average is A$38.73. The company has a market cap of A$8.509 billion and a P/E ratio of 34.11.
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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