Analysts diverge on Ryman Healthcare target price

Ryman Healthcare plans for Mount Eliza, Australia. (Image: Supplied)

Fri, 19 Jul 2024

Investment analysts who cover New Zealand Exchange-listed Ryman Healthcare are at odds with how they perceive the company's outlook.In a bullish note on NZ’s largest retirement village and aged care provider, released by Forsyth Barr on July 11, analysts Aaron Ibbotson and Benjamin Crozier wrote, "Ryman is one of the most attractive opportunities in New Zealand.”The analysts continued their “outperform” rating and set a 12-month target price of $7, almost double the trading price when the report was written.Sinc...

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