UAE Equity Research - Pure Health Holding PJSC - Initiation Coverage
We initiate coverage on Pure Health Holding PJSC (“Pure Health” or “The Company”) with a valuation of AED 6.05 per share. Pure Health is the UAE’s leading Healthcare group in Abu Dhabi since 2006 with the majority ownership held by the Abu Dhabi Sovereign Wealth Fund (ADQ). The Company is the largest provider of healthcare services and further extends its vertically integrated operation across various operational and digital domains, both locally and internationally.
