Fortis Healthcare Share Price Target 2022, 2023, 2024, 2025, 2030
Fortis Healthcare Share Price Target 2022, 2023, 2024, 2025, 2030:- Founded in 1996, Fortis Healthcare operates a chain of hospitals. FHL started its hospital operations in 2001 through its flagship Mohali Hospital. Today, along with doing a complete analysis of the business of Fortis Healthcare, we will also look at the opportunities of the company’s business, so that we will get a little idea, of in which direction the growth of the company is likely to go in the coming years.
With the help of this article, we can try to share all the data about Fortis Healthcare with financial and technical analysis.
Fortis Healthcare Share Price Target 2022
Fortis Healthcare Limited is a leading provider of integrated healthcare delivery services in India. The company’s healthcare verticals primarily include hospitals, diagnostics, and specialized daycare facilities. The company is a leading provider of integrated healthcare delivery services. The company is primarily engaged in the provision of healthcare services. The company has interests in its subsidiaries, associates, and joint ventures that manage and operate a network of multi-specialty hospitals and diagnostic centers.
The target number for Fortis Healthcare stock could come in around 2022. The first target price of Fortis Healthcare till 2022 is estimated at Rs 280. And the second target price Fortis Healthcare managed to cover was around Rs 290.
| Year | Fortis Healthcare Share Price Target 2022 |
|---|---|
| First Target 2022 | Rs 280 |
| Second Target 2022 | Rs 290 |
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Fortis Healthcare Share Price Target 2023
Fortis Healthcare plans to add around 1,500 new beds to its network to take the total to around 5,000 beds over the next three years. The company has also earmarked capital of Rs 400 crore for the ongoing fiscal, which will be split equally between maintenance and growth programs. The healthcare chain continues its portfolio rationalization program in line with its focus on a cluster approach to growing both organically through brownfield expansion and inorganically across the geographies of Delhi-NCR, Maharashtra, Bangalore, and Kolkata.
At the moment, we try to predict the price of the two stocks that Fortis Healthcare will acquire in 2023. The initial target price of Fortis Healthcare is estimated at Rs 340. And the second target price of Fortis Healthcare is estimated at Rs 350.
| Year | Fortis Healthcare Share Price Target 2023 |
|---|---|
| First Target 2023 | Rs 340 |
| Second Target 2023 | Rs 350 |
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Fortis Healthcare Share Price Target 2024
Fortis Healthcare plans to initiate various measures such as engagement of key corporate clients, use of digital platforms and development of additional competencies in oncology care, neurosciences and renal sciences to improve margins and increase revenue in this fiscal. The healthcare major is also looking to introduce new technologies to its diagnostics arm SRL.
Fortis Healthcare plans to focus on geographies such as the National Capital Region, Mumbai, Bengaluru and Kolkata where it can further build on its strengths in the current financial year. On the operational side, in the past year, it focused on launching and implementing several initiatives to improve efficiency and overall operational performance.
Share price assigned to Fortis Healthcare in 2024. Fortis Healthcare’s first target price for FY2024 will be Rs 410. And the second target price of Fortis Healthcare for 2024 will be Rs 430.
| Year | Fortis Healthcare Share Price Target 2024 |
|---|---|
| First Target 2024 | Rs 410 |
| Second Target 2024 | Rs 430 |
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Fortis Healthcare Share Price Target 2025
The company will evaluate its overall portfolio with a view to transforming and turning around currently underperforming hospitals that have potential while growing and investing in high-performing facilities and evaluating strategies around low-potential facilities. Fortis Healthcare has launched online consultations for patients at 23 hospitals across its nationwide network amid a lockdown to prevent coronavirus infections.
The move is designed to continue patient care services without jeopardizing the health of patients or doctors. Both teleconsultation and video consultation services are running successfully with encouraging responses from patients. In addition, patients with diseases such as diabetes or hypertension and expectant mothers can consult doctors through this device. Over 8,000 consultations have so far taken place through the e-consultation medium in various hospitals.
Here we try to analyze the price of two target stocks of Fortis Healthcare which can be acquired till 2025. The actual target price of Fortis Healthcare has been valued at Rs 480. And the second Fortis Healthcare share price target by 2025 is around Rs 500.
| Year | Fortis Healthcare Share Price Target 2025 |
|---|---|
| First Target 2025 | Rs 480 |
| Second Target 2025 | Rs 500 |
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Fortis Healthcare Share Price Target 2030
Fortis Healthcare draws strength from its partnership with major global and parent company IHH to build on its culture of world-class patient care and outstanding clinical excellence. Fortis employs 23,000 people who share its vision to become the most trusted healthcare network in the world. Fortis offers a full spectrum of integrated healthcare services from clinics to quaternary care facilities and a wide range of ancillary services.
Fortis Healthcare’s target price for these two stocks could be set by the end of 2030. Fortis Healthcare’s initial target price will be able to achieve a profit of Rs 900 in FY 2030. Fortis Healthcare’s second target price at the end of this decade is close to Rs 950.
| Year | Fortis Healthcare Share Price Target 2030 |
|---|---|
| First Target 2030 | Rs 900 |
| Second Target 2030 | Rs 950 |
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Future Prospectus of Fortis Healthcare Share
- Fortis Healthcare plans to add around 1,500 new beds to its network to take the total to around 5,000 beds over the next three years. The company has also earmarked capital of Rs 400 crore for the ongoing fiscal, which will be split equally between maintenance and growth programs.
- Fortis Healthcare plans to initiate various measures such as engagement of key corporate clients, use of digital platforms and development of additional competencies in oncology care, neurosciences and renal sciences to improve margins and increase revenue in this fiscal.
Fortis Healthcare Share Price Target 2022, 2023, 2024, 2025, 2030 Table
| Year | Fortis Healthcare Share Price Target |
|---|---|
| First Target 2022 | Rs 280 |
| Second Target 2022 | Rs 290 |
| First Target 2023 | Rs 340 |
| Second Target 2023 | Rs 350 |
| First Target 2024 | Rs 410 |
| Second Target 2024 | Rs 430 |
| First Target 2025 | Rs 480 |
| Second Target 2025 | Rs 500 |
| First Target 2030 | Rs 900 |
| Second Target 2030 | Rs 950 |
Risk of Fortis Healthcare Share
- Fortis Healthcare needs more funding to realize its full potential across the industry or Fortis Healthcare to deliver benefits or returns to its investors for years to come.
- Fortis Healthcare has a huge debt to the company which needs to be reduced in the coming years or it will borrow all sales or annual income to pay off its debts.
Expert Views on Fortis Healthcare Share
After analyzing all the factors, we can say that it is the best time to invest in Fortis Healthcare which will offer the best value in the coming years.
Fortis Healthcare Share F.A.Q.
– Where is Fortis Healthcare located?
Fortis Healthcare Headquarters Located in Gurugram.
– Who is the MD of Fortis Healthcare?
Ashutosh Raghuvanshi is the MD of Fortis Healthcare.
– What industry is Fortis Healthcare involved in?
Fortis Healthcare is an integrated provider of healthcare delivery services in Asia. The company’s healthcare verticals include primary care, diagnostics, specialty daycare, and hospitals with healthcare networks in various countries.
Conclusion
I hope that after reading the article Fortis Healthcare Share Price Target 2022, 2023, 2024, 2025, 2030 you must have got a good idea of what kind of performance can be seen in the growth of the Company. If you still have any questions related to this article in your mind, then do not forget to tell in the comment. Stay tuned to Market in India for important information about this type of stock in the stock market.
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