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  • Writer's pictureMark Watson-Mitchell

Medica Group (LON:MGP) - pulse racing reports?

I wonder whether Peel Hunt and myself are looking at the same company?

It seems that their analyst rates the shares of this UK market leader in the provision of teleradiology services as a Hold looking for just 126p a share.

Last Thursday’s Pre-Close Trading Update for the 2019 year stated that revenue was up 19% year-on-year at £46.5m, while the number of contracted radiologists increased 20.2% to 435 at the year end.

I really do like the feel of this unique company and very much look forward to the final figures announcement on 23 March.

In my view the shares at 156p are destined to go a great deal higher.

Profile 07.01.20 @ 155p set an end 2020 Target Price of 215p.

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