Investec Initiates Coverage on Georgia Healthcare Group PLC (GHG)
Equities research analysts at Investec started coverage on shares of Georgia Healthcare Group PLC (LON:GHG) in a report released on Wednesday. The brokerage set a “buy” rating and a GBX 361 ($4.71) price target on the stock. Investec’s target price suggests a potential upside of 13.61% from the stock’s previous close.
A number of other equities research analysts also recently commented on GHG. Jefferies Group reiterated a “buy” rating and set a GBX 280 ($3.65) price target on shares of Georgia Healthcare Group PLC in a report on Monday, July 25th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 265 ($3.46) price target on shares of Georgia Healthcare Group PLC in a report on Tuesday, August 9th.
Shares of Georgia Healthcare Group PLC (LON:GHG) traded up 4.18% during midday trading on Wednesday, hitting GBX 317.75. 5,718 shares of the company’s stock were exchanged. The stock’s 50 day moving average is GBX 298.32 and its 200-day moving average is GBX 260.76. Georgia Healthcare Group PLC has a 1-year low of GBX 145.00 and a 1-year high of GBX 350.00. The stock’s market cap is GBX 407.30 million.
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About Georgia Healthcare Group PLC
Georgia Healthcare Group PLC is a United Kingdom-based holding company. The Company provides healthcare services in Georgian healthcare services market. The Company operates in two segments based on products and services: Healthcare services and Medical insurance. The Company’s Healthcare services are the inpatient and outpatient medical services delivered by the referral hospitals, community hospitals and ambulatory clinics owned by the Company throughout the Georgian territory.
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