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.

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.

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.

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.

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

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.

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.

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.

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

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.
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