Citi cuts PT on Australia's nib Holdings on outlook downgrade

NIB Holdings

23/02/2026 21:00

** Analysts at Citi cut PT on Australia's nib Holdings NHF.AX to A$7.70 from A$8.15

** Brokerage cuts EPS estimates for the health and medical insurance provider by 6% to 8% from FY26 to FY28

** Projects FY26 group underlying profit of A$270 million ($190.49 million), slightly above the top end of company's forecast but below brokerage's previous outlook

** Co estimates FY group underlying operating profit between A$257 million to A$267 million

** Average rating of 10 analysts is "buy"; median PT is A$7.60 – data compiled by LSEG

** As of last close, stock down ~5% YTD

($1 = 1.4174 Australian dollars)

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))