NMC Health PLC (LON:NMC) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 3,546 ($48.99) and last traded at GBX 3,524 ($48.69), with a volume of 232024 shares trading hands. The stock had previously closed at GBX 3,498 ($48.33).
A number of research analysts recently commented on NMC shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,000 ($55.26) price objective on shares of NMC Health in a research report on Monday, January 29th. Jefferies Group reaffirmed a “hold” rating and set a GBX 3,085 ($42.62) price objective on shares of NMC Health in a research report on Wednesday, January 17th. JPMorgan Chase & Co. downgraded shares of NMC Health to a “neutral” rating and boosted their price objective for the company from GBX 2,730 ($37.72) to GBX 3,270 ($45.18) in a research report on Wednesday, January 24th. Finally, Barclays started coverage on shares of NMC Health in a research report on Friday, February 2nd. They set an “overweight” rating and a GBX 4,100 ($56.65) price objective on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 3,377 ($46.66).
The firm has a market capitalization of $7,300.00 and a PE ratio of 6,129.82.
About NMC Health
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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