Raffles Medical Group

Better prospects expected for Raffles Medical Group in FY2021: analysts - THE EDGE SINGAPORE

Broker's Calls

Better prospects expected for Raffles Medical Group in FY2021: analysts

Analysts are upbeat on the prospects of healthcare services provider Raffles Medical Group for they expect FY2021 ending in December to bring it “some normalisation”.

964 Broker's Digest  - THE EDGE SINGAPORE

Broker's Calls

964 Broker's Digest

Fortress Minerals
Price target:

PhillipCapital “buy” 28 cents

Healthy volume growth with recovery of construction industry

Raffles Medical Group ‘a laggard on the recovery theme’: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

Raffles Medical Group ‘a laggard on the recovery theme’: UOB Kay Hian

UOB Kay Hian analysts Lucas Teng and John Leong have maintained their “buy” call on Raffles Medical Group with an unchanged target price of $1.07. 

Ascendas India Trust appoints East Coast GRC MP Jessica Tan as non-executive independent director and member of the investment committee - THE EDGE SINGAPORE

Company in the news

Ascendas India Trust appoints East Coast GRC MP Jessica Tan as non-executive independent director and member of the investment committee

Member for Parliament for East Coast GRC and Deputy Speaker of Parliament Jessica Tan Soon Neo has been appointed as a non-executive independent director and a member of the investment committee at

Broker's Calls

944 Brokers' Digest

Raffles Medical Group
Price target:
RHB “neutral” $0.91
CGS-CIMB “hold” $0.96
OCBC “hold” $0.96
Maybank Kim Eng “neutral” $0.99

Broker's Calls

IHH, Raffles Medical likely to be hit by fall in medical tourists: CGS-CIMB

SINGAPORE (June 12): Given the hit to medical tourism due to measures to curb the spread of Covid-19, hospital operators are likely to be more severely impacted in 2Q, according to CGS-CIMB Researc

Insider moves

Peter Lim raises stake in Thomson Medical; Ng of Q&M Dental snaps up shares

(Apr 9): Peter Lim, the controlling shareholder of Thomson Medical Group, bought some shares of the healthcare company last week. On April 1, he spent $244,800 to buy 5.4 million shares.

Covid-19 Solidarity Budget

Foreign worker levy rebates provide some relief, but retrenchments expected to spike

SINGAPORE (Apr 7): Singapore’s construction, shipyard and healthcare companies could see some relief from foreign worker levy rebates announced Monday as part of the Solidarity Budget.

Insider moves

Raffles Medical's chairman Loo and daughter, directors and Canadian fund raise their stakes

SINGAPORE (Apr 3): Over the past few months, several insiders bought shares in hospital operator Raffles Medical Group following the company’s full year earnings announcement.

Aviation & Engineering

Down but not out: Aviation workers take on temp public service roles amid suspension of flights

SINGAPORE (Mar 27): Steep cuts to airline operations amid the Covid-19 outbreak might have led to the grounding of thousands of workers in Singapore, but some employees at aviation firms here have

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