APRA Private Health Insurance Hospital statistics reveal weak overnight volumes in the December quarter but the participation rate continues to track higher.
Credit Suisse expects Ramsay Healthcare should be a beneficiary of a volume tailwind post covid and its $69 target price and Neutral credit rating.
Sector: Health Care Equipment & Services.
Target price is $69.00.Current Price is $62.59. Difference: $6.41 – (brackets indicate current price is over target). If RHC meets the Credit Suisse target it will return approximately 9% (excluding dividends, fees and charges – negative figures indicate an expected loss).