Ramsay Health Care Limited Given Rating at Morningstar (RHC)
Ramsay Health Care Limited (ASX:RHC)‘s stock had its “” rating reaffirmed by research analysts at Morningstar in a report released on Friday, Analyst Ratings.Net reports. They currently have a $44.00 price objective on the stock.
Ramsay Health Care Limited (ASX:RHC) opened at 45.720 on Friday. Ramsay Health Care Limited has a one year low of A$32.230 and a one year high of A$50.560. The stock’s 50-day moving average is A$45.98 and its 200-day moving average is A$43.68. The company has a market cap of A$9.205 billion and a price-to-earnings ratio of 34.10.
A number of other analysts have also recently weighed in on RHC. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Ramsay Health Care Limited in a research note on Tuesday, April 22nd. They now have a $42.00 price target on the stock.
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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