DJ Medibank Offers More Compelling Value Versus Peers -- Market Talk
0140 GMT - Medibank Private's zero debt, plenty of cash and low exposure to international and travel business, likely means that its earnings will be less volatile than peers, Credit Suisse says. Medibank's growth is accelerating with its budget brand Ahm's growth picking pace and the core Medibank brand beginning to grow after years of decline. With strong margins through good claims management and industry claim tailwinds, CS says Medibank offers compelling value. For peer NIB, a recovery in travel and international may offset a decline in its Australian Residents Health Insurance's margins, CS adds.(alice.uribe@wsj.com)
(END) Dow Jones Newswires
March 22, 2021 21:40 ET (01:40 GMT)
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