Friday broker round-up
21st Sep 2018 12:12
(Sharecast News) - Paragon Banking Group: RBC Capital Markets downgrades to sector performer with a target price of 500p.
Read moreNMC Health denies speculation over India investments
28th Aug 2018 07:32
(Sharecast News) - Private healthcare operator NMC Health was forced to respond to press speculation on Tuesday, saying it had taken note of questions it had received on the back of various news articles regarding acquisition of assets in India.
Read moreMonday broker round-up
20th Aug 2018 12:55
(Sharecast News) - Sage: Deutsche Bank downgrades to sell with a target price of 540p.
Read moreBerenberg hails NMC Health's ability to deploy capital, boosts target
20th Aug 2018 10:53
(Sharecast News) - Analysts at Berenberg hailed NMC Health's latest set of half-year figures, dubbing them "impressive", and its ability to "deploy capital", after management announced roughly $200m-worth of new acquisitions - not all of which had been previously disclosed.
Read moreNMC in rude health as Gulf operator moves further afield
20th Aug 2018 07:05
(Sharecast News) - NMC Health plumped its earnings 30% in the first half of the year as the Gulf private healthcare operator's margins accelerated faster than revenues, boosted by acquisitions of a cosmetic surgery business and a chronic care specialist.
Read moreNMC Health to buy Al Zahra Hospital for $560m
14th Dec 2016 08:49
(ShareCast News) - UAE-based healthcare provider NMC Health announced the proposed acquisition of Al Zahra Hospital in the Sharjah from Gulf Medical Projects for around $560m. NMC said the deal complements its existing network of seven out-patient medical centres in Sharjah, further strengthening it
Read moreThursday broker round-up
3rd Nov 2016 11:39
(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag
Read moreNMC Health's revenue rises due to long-term growth strategy
24th Aug 2016 08:39
(ShareCast News) - NMC Health, a private healthcare network operator in the UAE, reported a rise in half year revenues, boosted by the company's long-term two-stage strategy. The company said its focus since its initial public offering in 2012 was first to expand capacity to absorb market growth, dr
Read moreSector movers: Retailers drop ahead of July CPI data
15th Aug 2016 17:13
(ShareCast News) - Price action at the start of the week saw both cyclical and defensive 'plays' battle it out for market leadership, with Ibstock and NMC Health pacing gains among Health Care and Construction-related issues, respectively, while retailers dropped ahead of (post-Brexit) CPI figures d
Read moreNMC posts healthy jump in FY profits
14th Mar 2016 07:27
(ShareCast News) - UAE healthcare provider NMC has reported a 46.7% jump in underlying full year profits of $150.3m on the back of a 36.8% rise in revenue to $880.9m. Net profits were upto $85.8m from $77.5m as the company delivered a strong performance at overall and at the divisional level primari
Read moreLondon pre-open: FTSE seen touch higher; rate decisions in focus
14th Mar 2016 07:14
(ShareCast News) - London stocks are set open just a touch higher on Monday, despite a positive session in Asia, following solid gains at the end of last week. The FTSE 100 is seen starting six points higher than Friday's close at 6,145. There are no major UK data due on Monday but this week, inves
Read moreNMC Health opens UAE's biggest private hospital
8th Mar 2016 08:03
(ShareCast News) - NMC Health officially opened the largest private health facility in the United Arab Emirates this week - NMC Royal. The FTSE 250 healthcare firm said the hospital had been providing outpatient services since September 2015, and was now providing inpatient services. His Excellency
Read moreMediclinic set to clinch deal with Al Noor as VPS drops out
30th Nov 2015 14:51
(ShareCast News) - South Africa's Mediclinic looks set to clinch its deal with Emirates-based healthcare provider Al Noor Hospitals after Abu Dhabi-based VPS Healthcare said on Monday that it does not intend to make an offer for the company. On 20 October, Al Noor announced that it had received a pr
Read moreNMC Health abandons bid for Al Noor Hospitals
16th Nov 2015 14:42
(ShareCast News) - NMC Health has abandoned its bid for Al Noor Hospitals, meaning South Africa's Mediclinic International looks set to clinch a deal with the Abu Dhabi-based healthcare operator. Al Noor confirmed in early October that it had received an approach from NMC regarding a possible offer.
Read moreAl Noor Hospitals confirms interest from VPS Healthcare
20th Oct 2015 08:04
(ShareCast News) - Al Noor Hospitals confirmed it has received a "highly preliminary" indication of interest from Abu Dhabi-based VPS Healthcare, although no formal proposal or indicative terms were received. The statement follows a report in The National, in which the chief executive of Al Noor tol
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