9) Mediclinic International (MDC)

Will shares pull back towards lows of 796p (-15%) or reach two year highs at 1220 (+30%)?
- Has maintained post-Brexit breakout
- Potential bounce at 925p intersecting support?
- Some technicals oversold
Broker Consensus: 22% Buy, 56% Hold, 22% Sell
Bullish: Investec, Buy, Target 1100p, +17% (27 Sept)
Average Target: 984p, +5% (30 Sept)
Bearish: Goldman Sachs, Sell, Target 770p, -18% (28 Sept)
N.B. All pricing and consensus data was sourced from Bloomberg on 30 Sept. Recommendations and target prices are revised regularly due to heightened market volatility. Please contact us for a full, up to date rundown.
