Australia's Judo Capital slips to nearly 20-month low; Morgan Stanley cuts PT

Judo Capital Holdings

30/03/2026 02:33

** Judo Capital Holdings JDO.AX falls as much as 8% to A$1.33, lowest since August 2024

** Morgan Stanley lowers PT to A$1.90 from A$2.20; retains "overweight"

** Says co more vulnerable to weaker economic outlook than other banks

** Under two "slowdown" scenarios, brokerage estimates potential earnings downgrades of ~20-30% for FY27

** Stock rated "buy" on avg; median PT at A$2.20, per data compiled by LSEG

** YTD, JDO down 20%

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))