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 analysts at Deutsche Bank in a research report issued to clients and investors on Sunday. They currently have a $45.20 price objective 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.
Ramsay Health Care Limited (ASX:RHC) opened at 46.300 on Friday. 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$46.24 and its 200-day moving average is A$45.27. The company has a market cap of A$9.322 billion and a price-to-earnings ratio of 34.88.
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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