In the good books
MEDIBANK PRIVATE LIMITED (MPL) Upgrade to Outperform from Neutral by Macquarie B/H/S: 2/4/2
Value and affordability remain issues in health insurance, driven by increased utilisation and declining participation among young people.
This will require structural change in the sector, Macquarie believes, with stake holders needing to give ground to support the system.
The broker believes the pressure is building and moderates revenue growth assumptions ahead of government policy changes considered necessary to boost participation by the young.
Rating is upgraded to Outperform from Neutral given the recent share price performance. Target is reduced to $2.79 from $3.05.
NIB HOLDINGS LIMITED (NHF) Upgrade to Outperform from Neutral by Macquarie B/H/S: 2/4/1
Value and affordability remain issues in health insurance, driven by increased utilisation and declining participation among young people.
This will require structural change in the sector, Macquarie believes, with stake holders needing to give ground to support the system.
The broker believes the pressure is building and moderates revenue growth assumptions ahead of government policy changes considered necessary to boost participation by the young.
The broker upgrades to Outperform from Neutral following the recent share price performance. Target price rises to $5.00 from $4.50.
In the not-so-good books
See last week’s article here [1].
Earning forecast
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