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Morgans downgrades Sigma Healthcare Ltd (S5YA) to a Hold

Morgans downgrades Sigma Healthcare Ltd (S5YA) to a Hold

Sigma Healthcare Ltd (S5YA – Research Report) received a Hold rating and a A$3.12 price target from Morgans analyst Scott Power today. The company's shares closed last Friday at €1.72.
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Power covers the Healthcare sector, focusing on stocks such as Imricor Medical Systems, Inc. Shs Chess Depository Interests Repr 1 Sh, Polynovo , and EBOS Group Limited. According to TipRanks, Power has an average return of -5.4% and a 35.21% success rate on recommended stocks.
Currently, the analyst consensus on Sigma Healthcare Ltd is a Hold with an average price target of €1.64.
S5YA market cap is currently €20.16B and has a P/E ratio of -324.53.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of S5YA in relation to earlier this year.
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