Investec initiates Medi Assist coverage with 'Buy'; check target and upside
Investec has initiated a buy rating on Medi Assist Healthcare Services with a target price of Rs 625.
The brokerage note said that despite the general unattractiveness of the Third-Party Administrator (TPA) industry, Medi Assist stands out due to its scale and successful consolidation efforts.
The company's focus on quality and a high share of group business sets it apart from competitors, positioning it as a leader within the TPA space, it added.
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