From a popular share website. (published recently)
ScoPo’s PowerplayPower’s stock of the week is IVF company, Monash IVF Group.Monash recently posted strong FY21 results, with full year NPAT up by 61.5% to $23.3m.Power believes that Monash will benefit from the interest around the IVF sector, as shown by Virtus’ recent offer.“We view this as an industry-wide acceleration, and a shifting focus to families as a beneficiary of COVID.“So we’ve adjusted our forecasts for IVF cycle growth to continue at sustained levels, and return to growth in FY23,” he added.Morgans has 12-month target price on MVF of $1.09, against the current share price of 98c.
MVF Price at posting:
99.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)