Friday 29 Mar 2024
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KUALA LUMPUR (Dec 22): RHB Research has maintained its “Neutral” rating on the healthcare sector and said it expects Malaysian healthcare players to benefit from demand fuelled by favourable demographics, synergies and medical tourism in 2015.

In a note Monday, the research it maintained its Neutral recommendation on the sector due to limited short-term catalysts and unattractive valuations.

“We expect demand in 2015 to be driven by favourable domestic demographics such as an increasingly affluent population, rising health awareness and an ageing population.

“We like KPJ Healthcare Bhd and Faber Group Bhd for their higher estimated ROEs, cheaper valuations and solid dividend payouts,” it said.

 

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