Liberum Capital Reaffirms “Hold” Rating for Primary Health Properties (LON:PHP)

Liberum Capital reaffirmed their hold rating on shares of Primary Health Properties (LON:PHP) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.

A number of other research firms also recently issued reports on PHP. Barclays assumed coverage on shares of Primary Health Properties in a research note on Tuesday, December 3rd. They set an overweight rating and a GBX 160 ($2.10) target price on the stock. Berenberg Bank started coverage on shares of Primary Health Properties in a report on Friday, November 29th. They issued a hold rating and a GBX 150 ($1.97) price target for the company. Finally, Peel Hunt reaffirmed an add rating on shares of Primary Health Properties in a research note on Tuesday, December 3rd.

Shares of PHP stock opened at GBX 151.47 ($1.99) on Friday. The firm has a 50 day moving average of GBX 143.11 and a 200-day moving average of GBX 137.01. The company has a market cap of $1.85 billion and a price-to-earnings ratio of -17.82. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 106.19. Primary Health Properties has a 52 week low of GBX 107.60 ($1.42) and a 52 week high of GBX 147.60 ($1.94).

The company also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 10th were given a GBX 1.40 ($0.02) dividend. This represents a yield of 1.06%. The ex-dividend date of this dividend was Thursday, October 10th. Primary Health Properties’s payout ratio is -0.71%.

Primary Health Properties Company Profile

Primary Health Properties PLC (“PHP”) is a UK Real Estate Investment Trust (“REIT”) and the leading investor in modern primary healthcare premises. The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieves this by investing in healthcare real estate in the UK and Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.

Recommended Story: What is a Buy-Side Analyst?

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.