DHG [M-PF -3.5%] - Tax incentives bolster profits amid flat in-house product sales - Update
  • 21 Apr 2017
  • Company Research
We reiterate our MARKET PERFORM rating on DHG despite raising our TP by 4% primarily thanks to a higher PER-derived TP. DHG looks fairly valued at TTM PER of 17.6x. DHG is working with law firms and other advisors on its FOL lift, which could bolster sent