Raffles Medical is OCBC’s top pick in the healthcare sector with a buy rating and $4.72 fair value estimate.
OCBC says the government's push to boost healthcare facilities in Singapore supports the long-term prospects of the sector.
The bank notes that Singapore announced a 19% increase in healthcare expenditures in its budget last week and said it will focus on adoption of new technology to transform certain procedures in hospitals.
As at 9.38am, Raffles Medical is trading 0.22% higher at $4.48.
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OCBC says the government's push to boost healthcare facilities in Singapore supports the long-term prospects of the sector.
The bank notes that Singapore announced a 19% increase in healthcare expenditures in its budget last week and said it will focus on adoption of new technology to transform certain procedures in hospitals.
As at 9.38am, Raffles Medical is trading 0.22% higher at $4.48.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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