NMC Health PLC (NMC) Receives Average Recommendation of “Buy” from Brokerages

Shares of NMC Health PLC (LON:NMC) have been given an average rating of “Buy” by the six research firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,522 ($33.28).

Several equities analysts recently commented on NMC shares. Jefferies Group LLC upped their target price on shares of NMC Health PLC from GBX 2,450 ($32.33) to GBX 2,810 ($37.08) and gave the company a “hold” rating in a research note on Tuesday, October 3rd. Berenberg Bank started coverage on shares of NMC Health PLC in a research note on Friday, October 6th. They set a “buy” rating and a GBX 4,000 ($52.78) target price for the company.

In other NMC Health PLC news, insider Salma Hareb purchased 6,600 shares of the stock in a transaction on Thursday, October 12th. The shares were purchased at an average price of GBX 2,971 ($39.21) per share, with a total value of £196,086 ($258,756.93).

NMC Health PLC (NMC) opened at 2877.00 on Tuesday. NMC Health PLC has a one year low of GBX 1,277.18 and a one year high of GBX 2,982.00. The firm’s 50-day moving average is GBX 2,806.42 and its 200 day moving average is GBX 2,380.70. The firm’s market capitalization is GBX 5.88 billion.

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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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