Primary Health Properties’ (LON:PHP) Buy Rating Reiterated at Peel Hunt

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Peel Hunt restated their buy rating on shares of Primary Health Properties (LON:PHP) in a research note released on Wednesday, July 25th.

Separately, Liberum Capital upgraded Primary Health Properties to a buy rating in a research note on Wednesday, July 25th.

Shares of Primary Health Properties traded down GBX 0.01 ($0.00), hitting GBX 1.16 ($0.02), on Wednesday, MarketBeat Ratings reports. 1,327,017 shares of the stock were exchanged, compared to its average volume of 821,202. Primary Health Properties has a one year low of GBX 107.25 ($1.39) and a one year high of GBX 123.50 ($1.60).

The firm also recently declared a dividend, which will be paid on Friday, August 24th. Shareholders of record on Thursday, July 12th will be issued a GBX 1.35 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, July 12th. This represents a dividend yield of 1.16%.

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 Republic of Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.

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