Business
Broker tipping a ~10% jump in the Medibank (ASX:MPL) share price by Tuesday // Motley Fool Australia
The Medibank Private Ltd (ASX: MPL) share price has yet to recover lost ground from the COVID‐19 crisis, but that could change by next week.
The MPL share price is down by around 10% since the start of 2020 when the S&P/ASX 200 Index (Index:^AXJO) dipped 3.5%.
The private health insurer is at least holding up better than its rival. The NIB Holdings Limited (ASX: NHF) share price shed nearly a quarter of its value over the same period.
Medibank share price health could soon improve
But the Medibank share price might get a chance to play catch-up to the rest of the market as Morgan Stanley thinks it could rally by nearly 10% by Tuesday.
That’s when the Australian Prudential Regulation Authority (APRA) is expected to release its…
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