India, Feb. 17 -- The shares of this company, which is a leading integrated healthcare service provider in India and primarily comprises hospitals, diagnostics and day care specialty facilities, had its shares in focus after the company was given positive upside along with bullish comments by firms like JP Morgan, Citi and UBS.
With the market cap of Rs 68,943 crore, the shares of Fortis Healthcare Ltd are trading at Rs 912. The shares are trading at a PE of 68.3, whereas its industry PE is at 44.3 and have given a return of 475% over the last 5 years.
JP Morgan on Fortis
JPMorgan sees an upside potential of 25.6% from the current level of Rs 915.6 to a target price of Rs 1,150 after a strong Q3 showing. While the top line was broadly...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.