Report
EUR 14.01 For Business Accounts Only

RAND MER.IN.HDG.LTD. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of RAND MER.IN.HDG.LTD. (ZA), a company active in the Full Line Insurance industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 13, 2019, the closing price was ZAR 31.53 and its potential was estimated at ZAR 34.23.
Underlying
Rand Merchant Investment Holdings Limited

Rand Merchant Investment Holdings Limited, formerly Rand Merchant Insurance Holdings Limited, is an investment holding company. The Company's segments include Discovery, which services the healthcare funding and insurance markets in South Africa, the United Kingdom, China, Singapore, Australia and the United States, and develops integrated financial services products; MMI, which is a South African financial services group that offers life insurance, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, organizations and public enterprises in South Africa, the rest of Africa and selected international countries, and OUTsurance, which offers short and long-term insurance products in South Africa, and short-term insurance products in Australia, New Zealand and Namibia. The Company's geographical segments include South Africa, Australia, New Zealand and the United Kingdom.

Provider
TheScreener
TheScreener

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