Peel Hunt reissued their buy rating on shares of Primary Health Properties (LON:PHP) in a research note issued to investors on Wednesday morning. The firm currently has a GBX 125 ($1.73) target price on the real estate investment trust’s stock.
Several other analysts have also recently issued reports on the stock. Liberum Capital restated a hold rating and set a GBX 120 ($1.66) target price on shares of Primary Health Properties in a research report on Thursday, February 15th. Jefferies Group restated a buy rating and set a GBX 126 ($1.74) target price on shares of Primary Health Properties in a research report on Thursday, January 18th.
Shares of Primary Health Properties (PHP) opened at GBX 116.80 ($1.61) on Wednesday. The stock has a market cap of $722.59 and a PE ratio of 778.67. Primary Health Properties has a 1 year low of GBX 105.75 ($1.46) and a 1 year high of GBX 123.50 ($1.71).
Primary Health Properties (LON:PHP) last announced its earnings results on Thursday, February 15th. The real estate investment trust reported GBX 5.20 ($0.07) earnings per share (EPS) for the quarter, meeting the consensus estimate of GBX 5.20 ($0.07). The firm had revenue of GBX 7,250 million for the quarter. Primary Health Properties had a net margin of 125.50% and a return on equity of 17.16%.
The company also recently disclosed a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, January 11th were given a GBX 1.35 ($0.02) dividend. This is a positive change from Primary Health Properties’s previous dividend of $1.32. This represents a yield of 1.15%. The ex-dividend date of this dividend was Thursday, January 11th.
Primary Health Properties Company Profile
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.
Receive News & Ratings for Primary Health Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primary Health Properties and related companies with MarketBeat.com's FREE daily email newsletter.