Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Regis Healthcare Ltd. ( (AU:REG) ) has shared an announcement.
Regis Healthcare Limited has announced the acquisition of Rockpool RAC Holdings Pty Ltd, which includes four premium aged care homes in South-East Queensland, adding 600 beds to its portfolio. This strategic acquisition, expected to complete by September 2025, will enhance Regis’ market position by increasing its total number of homes to 72 and beds to approximately 8,200. The transaction is anticipated to be EPS accretive by FY26, with expected cost synergies and a strong accreditation history, positioning Regis for future growth in the aged care sector.
The most recent analyst rating on (AU:REG) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Regis Healthcare Ltd. stock, see the AU:REG Stock Forecast page.
More about Regis Healthcare Ltd.
Regis Healthcare Limited is a company operating in the aged care industry, focusing on providing residential aged care services. The company aims to expand its footprint by acquiring premium aged care homes, with a market focus on high-quality residential care.
Average Trading Volume: 698,095
Technical Sentiment Signal: Buy
Current Market Cap: A$2.24B
Learn more about REG stock on TipRanks’ Stock Analysis page.