While price earnings (PE) multiples have generally contracted for the
levels when the Australian 10 year bond yield was last around 4% in 2013, notes Morgan Stanley.
As a result, the broker favours those stocks where the growth outlook is now better than in 2013 or EPS certainty is high.
The Equal-weight rating and
Sector: Health Care Equipment & Services.
Target price is
© 2022 Acquisdata Pty Ltd., source
Source: marketscreener.com