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Resmed Inc. (RMD) [hlAlert]

Rating:
Under Perform
RMD

Resmed Inc. (RMD) rated Under Perform by Northland Capital

Posted on: Tuesday,  May 27, 2014  12:00 AM ET by Northland Capital

Resmed Inc. (NYSE:
RMD) rated Under Perform by Northland Capital.

ResMed Inc. is a holding company. Through its subsidiaries, the Company develops, manufactures and distributes medical equipment for treating, diagnosing and managing sleep-disordered breathing (SDB) and other respiratory disorders, including obstructive sleep apnea (OSA). It has developed nasal continuous positive airway pressure (CPAP) as a non-invasive treatment for OSA. CPAP systems deliver pressurized air, typically through a nasal mask, to prevent collapse of the upper airway during sleep. The Company has developed a number of products for SDB and other respiratory disorders, including airflow generators, diagnostic products, mask systems, headgear and other accessories. ResMed Inc. sells its products in over 70 countries through a combination of wholly owned subsidiaries and independent distributors to sleep clinics, home healthcare dealers and third-party payers. On April 30, 2009, it acquired Respicure Medsys PVT.LTD. In October 2009, ResMed Inc. acquired Laboratoires Narval.

Northland Capital
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/27/2014 12:00 AM None
None
49.62
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2013 8:25 AM Hold
None
53.74 44.00

(*) Stock Price at the time of the recommendation.
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