RMD - Citi rates the stock as Buy
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Citi expects the company will gain market share in 2017 in masks, mainly at the expense of Philips.The broker estimates masks growth at 11% in the first half.
The broker considers the stock to be attractively valued. Buy rating maintained with a $9.93 target.
Sector: Health Care Equipment & Services.
Target price is $9.93.Current Price is $8.08. Difference: $1.85 - (brackets indicate current price is over target). If RMD meets the Citi target it will return approximately 19% (excluding dividends, fees and charges - negative figures indicate an expected loss).
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