BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Barclays Downgrades Fortis Healthcare to Underweight
Barclays has downgraded Fortis Healthcare to 'underweight' from 'equal weight' with target price of Rs 131 per share. Barclays says that the hospital and diagnostics business will grow at compounded annual growth rate of 17.5 per cent and its revenue and returns will likely lag peers and Indian operations need to be valued as mature units.