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SHL - Credit Suisse rates the stock as Outperform

PUBLISHED

2022-06-06

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Credit Suisse lowers the Australian base business pathology revenue estimates for FY23 by -6%. Stronger covid volumes in Germany lead to limited change in earnings estimates for FY22, reduced by just -3%.

The broker reduces the target to $39 from $40 and retains an Outperform rating.

Sector: Health Care Equipment & Services.

 

Target price is $39.00.Current Price is $35.64. Difference: $3.36 - (brackets indicate current price is over target). If SHL meets the Credit Suisse target it will return approximately 9% (excluding dividends, fees and charges - negative figures indicate an expected loss).