23 Jan 2026 | 3 Mins Read
Citi sees 33% upside in Fortis Healthcare shares
Flipitmoney
Citi initiates coverage on Fortis Healthcare with a 'Buy' rating and a price target of ₹1,120, implying a 33% upside potential. The brokerage cites strong earnings visibility, with hospital EBITDA projected to grow 23% CAGR by FY26-28, driven by new bed capacity and margin expansion. Shares closed at ₹845, down 0.10% on Thursday.