Primary Health Care Limited Given “Overweight” Rating at Morgan Stanley (PRY)
Primary Health Care Limited (ASX:PRY)‘s stock had its “overweight” rating reaffirmed by equities researchers at Morgan Stanley in a research report issued on Friday. They currently have a $5.76 price target on the stock.
Shares of Primary Health Care Limited (ASX:PRY) traded up 0.22% during mid-day trading on Friday, hitting A$4.600. 1,568,302 shares of the company’s stock traded hands. Primary Health Care Limited has a 1-year low of A$4.360 and a 1-year high of A$5.330. The stock has a 50-day moving average of A$4.69 and a 200-day moving average of A$4.67. The company has a market cap of A$2.326 billion and a P/E ratio of 14.25.
A number of other firms have also recently commented on PRY. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Primary Health Care Limited in a research note on Wednesday. They now have a $4.75 price target on the stock. Separately, analysts at CIMB reiterated an “add” rating on shares of Primary Health Care Limited in a research note on Sunday, August 17th. They now have a $5.57 price target on the stock.
Primary Health Care Limited acts as a medical centre operator; diagnostic imaging services; a provider of pathology, and a provider of health technology.
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