In a report released yesterday, Shekhar Jaiswal from RHB Capital maintained a Buy rating on Raffles Medical Group (RAFLF – Research Report), with a price target of S$1.75. The company’s shares closed last Monday at $1.08.
According to TipRanks, Jaiswal is ranked #6759 out of 8336 analysts.
Currently, the analyst consensus on Raffles Medical Group is a Strong Buy with an average price target of $1.38.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $1.17 and a one-year low of $0.77. Currently, Raffles Medical Group has an average volume of 100.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Raffles Medical Group Ltd. is an investment holding company, which engages in the operation of medical clinics and other general medical services. It operates through the following segments: Healthcare Services, Hospital Services, and Investment Holdings. The Healthcare Services segment includes the management of medical clinics and other general medical services, provision of health insurance, trading in pharmaceutical and nutraceutical products and diagnostic equipment, and provision of management and consultancy services. The Hospital Services segment provides specialized medical services and operates hospital and business of medical laboratory and imaging center. The Investment Holdings segment refers to the investment properties. The company was founded by Choon Yong Loo and Alfred Loh in 1976 and is headquartered in Singapore.
