Ryman Healthcare Ltd

RYM: XNZE (NZL)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NZD 1.80	Trznm	Tggsmczbt

Ryman Continues to Ride on Momentum, NZD 13.00 FVE Unchanged

Mathew Hodge

May 24, 2019

Transition of our coverage to a new analyst and an acceleration in fiscal 2019 build rate prompts a revision in our development and margin forecasts for narrow-moat Ryman Healthcare, but our fair value estimate of NZD 13.00 remains intact.

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