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Craigs raises Ryman recommendation to outperform

Jenny Ruth
Wed, 18 Aug 2021

The site of Ryman's planned Takapuna village. (Image: Ryman)
Jenny Ruth
Wed, 18 Aug 2021
Craigs Investment Partners analyst Stephen Ridgewell has raised his recommendation on Ryman Healthcare shares to outperform, saying the industry heavyweight "appears to have learned some hard lessons"."We believe Ryman shares at present offer investors an attractive opportunity to buy a quality, growing business at a reasonable price," Ridgewell said in a report.Ryman shares were trading at $13.71 when his report was published and he has a 12-month target price of $16. The shares ended Tuesday at $14.21, falling from $14.46...

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