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Raffles Medical Group (RMG)
Broker's Calls
All eyes on Raffles Medical Group's China hospitals in 2018
SINGAPORE (Jan 8): CIMB is maintaining its “add” call on Raffles Medical Group (RMG) with a target price of $1.24.
January 08, 2018
Broker's Calls
Taking the pulse of Singapore healthcare stocks in 2018
SINGAPORE (Jan 8): Although healthcare stocks in Singapore underperformed last year largely due to the setting up of new hospitals overseas, CIMB says the sector would be rerated once they stabilised.
January 08, 2018
Broker's Calls
Can new China hospitals help revitalise Raffles Medical?
SINGAPORE (Oct 31): Analysts are adjusting their forecasts and recommendations on Raffles Medical Group (RMG) after the management unveiled more information regarding its upcoming hospitals in China.
October 31, 2017
Broker's Calls
Raffles Medical Group gets an upgrade as long-term growth stays on track
SINGAPORE (Sept 21): UOB Kay Hian is upgrading its call on Raffles Medical Group (RMG) to “buy” from “hold” with a target price of $1.28.
September 21, 2017
Broker's Calls
This healthcare stock is looking even more attractive at current price levels
SINGAPORE (Sept 18): CIMB Research is upgrading its call on Raffles Medical Group (RMG) to “add” from “reduce” with a lower price target of $1.21 from $1.25 previously on the belief that the stock is looking attractive to gain exposure to the grow
September 18, 2017
Results
Raffles Medical 2Q earnings marginally higher at $16.8 mil
SINGAPORE (July 31): Raffles Medical Group (RMG) has announced earnings of $16.8 million for the second quarter ended June, up half a percent from $16.7 million reported in the same period a year ago.
July 31, 2017
Broker's Calls
Raffles Medical share price could fall even further, says CIMB
SINGAPORE (June 20): CIMB Research is keeping its “reduce” rating on Raffles Medical Group (RMG) and lowering its target price by 12 cents to $1.25.
June 20, 2017
Broker's Calls
Medical tourism weakness in Singapore could be temporary: Maybank
SINGAPORE (June 5): Maybank Kim Eng Research continues to rate Raffles Medical Group (RMG) at “buy” as Singapore’s leading integrated healthcare provider, with a “robust track record and exciting development plans” of two hospitals in China.
June 05, 2017
Broker's Calls
Can Raffles Medical Group count on its China expansion for an earnings boost?
SINGAPORE (April 25): RHB and Maybank Kim Eng Research have lowered their price targets on Raffles Medical Group (RMG) to $1.49 from $1.72, and to $1.67 from $1.70 respectively after the group posted a marginal 1.7% decline in 1Q17 revenue yesterday on so
April 25, 2017
Broker's Calls
Singapore Medical Group could re-rate following Korean tie-up
SINGAPORE (Feb 20): Singapore Medical Group could see a re-rating as its market recognition and track record grows following its tie-up with Korean healthcare group CHA Medical Group, according to Maybank Kim Eng.
February 20, 2017