Australia's Ramsay Healthcare gains; Morgan Stanley lifts PT

Ramsay Health Care

23/05/2025 03:09

** Shares of Australia's Ramsay Healthcare RHC.AX rise 1% to A$36.03

** Analysts at Morgan Stanley lift PT on the hospital operator to A$37.4 from A$37.2; maintain "equal-weight" stock rating

** Brokerage flags that an increase in payout ratio for Australian private health insurance companies may be used by private health operators like RHC to offset increased wages

** Morgan Stanley acknowledges potential upside from Ramsay divesting its stake in French affiliate Ramsay Sante

** Stock up 4.2% YTD

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))