The Ramsay Health Care Limited (ASX: RHC) share price was a relatively poor performer on Tuesday.
The private hospital operator’s shares edged 0.25% lower to $66.93 following the release of a presentation.
This compares to a 0.55% gain by the S&P/ASX 200 Index (ASX: XJO).
Is the Ramsay share price in the buy zone?
According to a note out of Goldman Sachs, it believes the Ramsay share price is in the buy zone.
This morning the broker retained its conviction buy rating and $75.00 price target on the company’s shares.
This price target implies potential upside of 12% over the next 12 months.
What did Goldman say?
Goldman notes that Ramsay has provided an update which revealed that Australian organic revenue grew 8.2% during the…