New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Fisher & Paykel Healthcare Corp / Equity Bottom-Up

<ul><li>We upgrade our rating on F&amp;P Healthcare (FPH) to NEUTRAL from UNDERPERFORM.</li><li>Our analysis suggests a large long-term opportunity in the anaesthesia market.</li><li>This reflects: (1) strong industry feedback, (2) large market size, and (3) current use case/body of clinical research, underpinning a solid market penetration ability (which we expect to grow through time). </li></ul>

We upgrade our rating on F&amp;P Healthcare (FPH) to NEUTRAL from UNDERPERFORM.Our analysis suggests a large long-term opportunity in the anaesthesia market.This reflects: (1) strong industry feedback, (2) large market size, and (3) current use case/body of clinical research, underpinning a solid market penetration ability (which we expect to grow through time). 

F&P Healthcare - The Next Big Thing; Upgrade to NEUTRAL