Lonsec Likes Primary Health Care's (PRY) Long Term Prospects

Geoff Beeston of Lonsec said on CNBC's Trader's Tips that Primary Health Care (ASX: PRY) is a key player in technology and medical sector in Australia and New Zealand . Lonsec believes that Primary Health Care (PRY) is good long term trade because of its favorable industry dynamics such as aging population, increased life expectancy and improved participation in private health. The company has a good balance sheet and Lonsec expects that Primary Health Care (PRY) will continue to deliver on earnings targets with a stable revenue growth.