What Could Drive the Mediclinic Share Price on the JSE India Higher?

What Could Drive the Mediclinic Share Price on the JSE India Higher?

Why Is Mediclinic Share Price Falling?

According to Shapiro, Mediclinic has admittedly faced some difficulties, which have contributed to the decline in its share price over the past few years. These difficulties include restrictions imposed by Covid-19 that restricted the number of elective admissions and a reduction in the tariffs that can be charged for outpatient services in Switzerland.

Who Are The Major Shareholders Of Mediclinic?

NameEquities%Public Investment Corporation (SOC) Ltd.71,946,9439.76%Genesis Investment Management LLP36,787,8774.99%Mediclinic International Plc offers primary, secondary, and tertiary care services. Mediclinic International Plc specializes in owning and managing healthcare facilities.

Who Is The Owner Of Mediclinic?

Our current chairman, Dr. Edwin Hertzog, was asked to conduct a feasibility study on private hospitals by the then-Rembrandt Group (now Remgro Group), which led to the establishment of Mediclinic, which is listed on the Johannesburg Stock Exchange in South Africa.

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Is Mediclinic A Good Share To Buy?

Yes, the price of the Mediclinic International stock can increase from 10540.00 ZAC to 13312.60 ZAC in a single year.

Who Owns Mediclinic South Africa?

Mediclinic Southern Africa is a subsidiary of Mediclinic International PLC, a global private healthcare company. It is listed on the LSE (London Stock Exchange) and has secondary listings on the JSE (Johannesburg Stock Exchange) and the NSX (Namibian Stock Exchange).

Is Mediclinic A Private Company?

Mediclinic is a multinational private healthcare services company with divisions in Switzerland, Southern Africa (South Africa and Namibia), and the United Arab Emirates. It was established in South Africa in 1983.

Is Mediclinic A South African Company?

History: The current chairman of Mediclinic International, Dr. Edwin Hertzog, was given the task of conducting a feasibility study on the potential profitability of private hospitals by the then-Rembrandt Group (now Remgro Group) in Stellenbosch, South Africa, in 1983.

Who Is The Owner Of Medi Clinic?

In 1983, the current chairman of Mediclinic International, Dr. Edwin Hertzog, was asked by the then-Rembrandt Group (now Remgro Group) to conduct a feasibility study on the potential profitability of private hospitals.

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Is Mediclinic A Buy?

In the past year, two Wall Street analysts have given Mediclinic International “buy,” “hold,” and “sell” ratings, and there are currently two hold ratings for the stock. Investors should “hold” MDC shares, according to the consensus among Wall Street analysts.

Does Mediclinic Pay Dividends?

The previous dividend from Mediclinic International Plc was 3p, went ex six months ago, and was paid five months ago. There is typically one dividend paid annually (excluding special dividends), and the dividend cover is about 3.7.

Linette Dolan
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