Deutsche Bank Reiterates “Hold” Rating for Ramsay Health Care Limited (RHC)
Ramsay Health Care Limited (ASX:RHC)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Tuesday, AnalystRatingsNetwork reports. They currently have a $42.00 target price on the stock.
Ramsay Health Care Limited (ASX:RHC) traded up 1.62% on Tuesday, hitting A$45.840. 163,687 shares of the company’s stock traded hands. Ramsay Health Care Limited has a 52 week low of A$31.510 and a 52 week high of A$50.560. The stock’s 50-day moving average is A$47.57 and its 200-day moving average is A$42.67. The company has a market cap of A$9.229 billion and a price-to-earnings ratio of 33.66.
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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