Business
Could this ASX 200 healthcare share be set to recover in 2021? // Motley Fool Australia
The Ramsay Health Care Limited (ASX: RHC) share price has largely been flat since 2015. The company had previously delivered Afterpay Ltd (ASX: APT) like returns for many years before its plateau.
With the company’s first quarter update pushing its share price 5% higher last Friday, could Ramsay be a turnaround story in 2021? Here’s what big brokers had to say.
First quarter FY21 recap
Ramsay Australia reported a 1.5% increase in total revenue, or a 6.6% increase excluding Victoria. This reflects a 1.7% increase in surgical admissions (ex-Victoria up 8%) and lower non-surgical activity. The Australian business experienced a decline in earnings before interest, tax, depreciation, amortisation (and restructuring or rent…
-
Business19 hours agoAustal share price smashes new record high as takeover rumours swirl again
-
Noosa News22 hours agoYou Can Save up to 43% on Power with BLUETTI’s EOFY Sale
-
Business20 hours agoIs Google the cheapest “Magnificent Seven” stock you can buy today?
-
Noosa News20 hours agoMore than 250kg of cocaine found in Brisbane shipping container as police foil $82 million drug plot