Health Care Roundup: Market Talk

The latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0845 GMT – Sunway’s stock has limited upside, with the upcoming listing of Sunway Healthcare Group in 1Q next year likely to widen the holding-company’s discount, CGS International says in a note. Analyst Chong Tjen-San says that Sunway is unlikely to have substantial businesses beyond property development post-listing, downgrading the stock to hold from add, with an unchanged target price of MYR5.90. The analysts also trims Sunway’s 2025-2027 EPS forecasts by 5%, 1% and 1%, respectively, to reflect lower bed-capacity assumptions for Sunway Healthcare, alongside more moderate margins. Shares are 2.7% lower at MYR5.40. (yingxian.wong@wsj.com)