Ramsay Health Care Ltd
RHC: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$65.00 | Fzyhmlb | Kmcldmzgwj |
Ramsay Healthcare: New CEO Appointed Amid Depressed Profitability
We maintain our AUD 68 fair value estimate for narrow-moat Ramsay Healthcare following Managing Director and CEO Craig McNally’s decision to retire after a long tenure with the company since 1988. McNally was appointed MD and CEO in 2017 and is expected to retire at the fiscal 2025 year-end.