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Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh (RMD) Receives a Buy from J.P. Morgan

Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh (RMD) Receives a Buy from J.P. Morgan

J.P. Morgan analyst David Low maintained a Buy rating on Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh yesterday and set a price target of A$48.00. The company's shares closed yesterday at A$42.88.
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According to TipRanks, Low is a 4-star analyst with an average return of 7.6% and a 57.02% success rate. Low covers the Healthcare sector, focusing on stocks such as Resmed, Cochlear , and CSL.
Currently, the analyst consensus on Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh is a Strong Buy with an average price target of A$45.42, a 5.92% upside from current levels. In a report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a A$48.00 price target.
The company has a one-year high of A$44.12 and a one-year low of A$32.04. Currently, Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh has an average volume of 835K.
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