Primary Health Properties (PHP) Earns Buy Rating from Peel Hunt
Primary Health Properties (LON:PHP)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 125 ($1.68) price objective on the real estate investment trust’s stock. Peel Hunt’s target price would suggest a potential upside of 10.64% from the company’s current price.
Separately, Jefferies Group started coverage on shares of Primary Health Properties in a research report on Wednesday, November 29th. They set a “buy” rating and a GBX 125 ($1.68) price target for the company.
Shares of Primary Health Properties (PHP) traded up GBX 0.23 ($0.00) during trading on Tuesday, reaching GBX 112.98 ($1.52). 698,584 shares of the company were exchanged, compared to its average volume of 754,699. Primary Health Properties has a 12-month low of GBX 105 ($1.41) and a 12-month high of GBX 123.50 ($1.66).
About Primary Health Properties
Primary Health Properties PLC (PHP) is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is the investment in primary healthcare property in the United Kingdom and the Republic of Ireland. It specializes in the ownership of freehold or long leasehold interests in purpose-built healthcare facilities, which are leased to general practitioners, government healthcare bodies and other associated healthcare users.
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