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Pure Health Holding Price Target Updated as FAB Notes Q2 Net Profit Beat

MT Newswires·08/11/2026 05:15:28
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05:15 AM EDT, 08/11/2026 (MT Newswires) -- FAB Securities revised its price target for Pure Health Holding (ADX:PUREHEALTH) following the healthcare services company's second-quarter results. "We maintain our BUY rating on Pure Health with a revised target price of AED 5.00. PureHealth delivered a strong 1H26 performance, supported by the continued contribution from Hellenic Healthcare Group (HHG), sustained momentum across the Care and Cover segments and improved operating leverage. Operational performance remained robust, with patient interactions increasing 21% YOY to 6.1 Mn, outpatient volumes rising 23% YOY to 5.4 Mn and inpatient volumes growing 51% YOY to 163K in 1H26," analysts said in a first look note on Tuesday. For the three-month period, the company logged a 51.7% annual increase in attributable net profit to 792 million Emirati dirhams, above FAB's 467 million-dirham forecast. Revenue rose 8.5% year over year to 7.59 billion dirhams, compared with the research firm's estimate of 7.44 billion dirhams. "PureHealth's resilient operating performance, expanding international healthcare platform, disciplined capital allocation, continued investment in high-acuity care and AI-driven transformation initiatives position the Company well to deliver sustainable long-term earnings growth and support our positive long-term investment outlook," analysts added. According to the research firm's website, the price target was 5.45 dirhams as of Feb. 16.