Deutsche Bank Reiterates Hold Rating for Ramsay Health Care Limited (RHC)
Ramsay Health Care Limited (ASX:RHC)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Friday. They currently have a $45.20 target price on the stock.
Separately, analysts at Morningstar reiterated a “” rating on shares of Ramsay Health Care Limited in a research note on Friday, May 16th. They now have a $44.00 price target on the stock.
Shares of Ramsay Health Care Limited (ASX:RHC) traded down 1.19% on Friday, hitting A$45.770. 213,902 shares of the company’s stock traded hands. Ramsay Health Care Limited has a 52-week low of A$32.230 and a 52-week high of A$50.560. The stock’s 50-day moving average is A$46.01 and its 200-day moving average is A$45.03. The company has a market cap of A$9.215 billion and a P/E ratio of 34.57.
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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