Outperform Fortis Healthcare Ltd., target Rs 250.0 : Macquarie Capital Securities

The management has guided for strong sequential growth in Ebitda for the hospitals business going ahead. Fortis is trading at attractive valuations at 11.5 times FY18E EV/Ebitda.

Updated: Aug 05, 2016, 01.08 PM IST

Macquarie Capital Securities has Outperform call on Fortis Healthcare Ltd. with a target price of Rs 250.0. The current market price of Fortis Healthcare Ltd. is 189.9. Time period given by analyst is year, when Fortis Healthcare Ltd. price can reach defined target. Macquarie Capital Securities recommended to keep stop loss at Rs $stopLossL.

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