RMD 0.54% $37.28 resmed inc

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

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  1. 2,050 Posts.
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    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
 
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Last
$37.28
Change
0.200(0.54%)
Mkt cap ! $22.38B
Open High Low Value Volume
$37.50 $37.55 $37.15 $17.93M 480.5K

Buyers (Bids)

No. Vol. Price($)
1 3363 $37.27
 

Sellers (Offers)

Price($) Vol. No.
$37.30 1001 2
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
RMD (ASX) Chart
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