RMD 1.05% $37.39 resmed inc

I certainly missed the boat here last year when it dropped to 4...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,050 Posts.
    lightbulb Created with Sketch. 1
    I certainly missed the boat here last year when it dropped to 4 80 - I see massive upside here, even at this lofty price- the health sector will and has continually outperformed. The aud exchange rate is highly favorable to rmd and I also expect strong results.. I will be taking my first position next week hopeful for a drop.

    Credit suisse also has a 10.7 valuation target

    Trial Could Offer Big Boost for ResMed, Says Credit Suisse -- Market Talk

    | Page last updated at 10 04 2015 09:07am AEST



    2307 GMT [Dow Jones]--As it stands, ResMed's (RMD.AU) shares don't appear to factor in any material contribution from sales of adaptive servo-ventilation, used to treat sleep apnoea, Credit Suisse says. But a prospective study could be particularly influential in driving clinical adoption and a further rerating in RMD shares, the brokerage argues. It estimates the target market for ASV use is large, and could add as much as A$2/share to RMD's valuation. Already two meta-analyses have shown positive results from ASV use in heart-failure patients with periodic breathing. Results of the prospective trial are due by early 2016. Credit Suisse has an outperform recommendation and A$10.70/share target. RMD was last at A$9.51. ([email protected]; Twitter: @RobbMStewart)
    Last edited by sprooker7: 11/04/15
 
watchlist Created with Sketch. Add RMD (ASX) to my watchlist
(20min delay)
Last
$37.39
Change
0.390(1.05%)
Mkt cap ! $22.38B
Open High Low Value Volume
$37.30 $37.39 $37.07 $9.449M 253.3K

Buyers (Bids)

No. Vol. Price($)
1 44 $37.32
 

Sellers (Offers)

Price($) Vol. No.
$37.39 2573 2
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
RMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.