Earnings forecasts for Raffles Medical, Q&M rise amid Covid-19

earnings forecasts for raffles medical qm rise amid covid 19

Sumary of Earnings forecasts for Raffles Medical, Q&M rise amid Covid-19:

  • In the view of UOB Kay Hian’s analysts, the firm is set to benefit from increased Covid-19 testing in Singapore and an accelerated rate of vaccinations administered over the next few months..
  • Meanwhile, KGI Securities has raised its price target for Q&M to 91 cents from 54 cents, while maintaining “outperform”.
  • maiden contribution from Q&M’s 51 per cent subsidiary, Acumen Diagnostics, for the first quarter of FY2021, KGI Securities analyst Joel Ng said he is confident about the medium-term outlook of the unit….

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