NMC Health PLC (NMC) Given Average Recommendation of “Buy” by Brokerages
Shares of NMC Health PLC (LON:NMC) have received an average recommendation of “Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 2,522 ($33.45).
A number of equities analysts recently commented on the stock. Jefferies Group LLC upped their price target on NMC Health PLC from GBX 2,450 ($32.50) to GBX 2,810 ($37.27) and gave the stock a “hold” rating in a research report on Tuesday. Berenberg Bank assumed coverage on NMC Health PLC in a research report on Friday. They set a “buy” rating and a GBX 4,000 ($53.06) price target on the stock.
Shares of NMC Health PLC (LON:NMC) opened at 2775.00 on Friday. The company has a 50-day moving average price of GBX 2,686.75 and a 200 day moving average price of GBX 2,250.34. The firm’s market capitalization is GBX 5.67 billion. NMC Health PLC has a 1-year low of GBX 1,277.18 and a 1-year high of GBX 2,909.00.
In other NMC Health PLC news, insider Jonathan Bomford purchased 1,000 shares of the stock in a transaction on Thursday, July 20th. The shares were bought at an average cost of GBX 2,254 ($29.90) per share, with a total value of £22,540 ($29,897.86).
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About NMC Health PLC
NMC Health plc is a private healthcare services provider in the United Arab Emirates. The Company operates through two segments: healthcare and distribution & services. The healthcare segment is engaged in providing professional medical services, comprising diagnostic services, in and outpatient clinics, provision of all types of research and medical services in the field of gynecology, obstetrics and human reproduction and retailing of pharmaceutical goods.
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