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Broker call▲ Bullish for Apollo Hospitals
Jefferies picks 6 hospitals as Buy after steep correction offers 'excellent' entry points. Check target price
The brief
- Jefferies maintained Buy ratings on six hospital stocks, including Apollo Hospitals and Fortis Healthcare
- The ratings followed a sharp correction in hospital stocks
- A bullish broker view may support sentiment for Apollo Hospitals and Fortis Healthcare
- Could Apollo, Fortis, Max Health Face A Profit Hit From Medicine Price Curbs? Jefferies, BofA, Macquarie Weigh In
- SC questions hospital drug mark-ups; hospital stocks fall up to 7%
- Hospital stocks fall after Supreme Court questions steep patient markups
- Fortis says independent audit will establish non-involvement in Singh brothers’ share transfers
- Fortis confident of clean chit from audit in Singh brothers’ dispute