Jefferies ups target price for Australia's NIB Holdings, retains 'hold'

NIB Holdings

09/06/2026 23:19

** Jefferies raises target price for Australia's NIB Holdings NHF.AX to A$7.60 from A$7.15, retains 'hold' rating
** Brokerage says strategic review and the sale of its Australian and New Zealand travel businesses will allow the firm to grow its private health insurance business, focus on adjacent opportunities most relevant to members
** Revises investment income assumptions to reflect higher central bank cash rate and a steeper yield curve, which could positively impact returns on defensive assets
** Jefferies, however, remains cautious on growth in Australia's registered health insurance system and watches the firm's net policy growth
** Six of nine analysts rate the stock "buy" or higher, two "hold", and one "sell"; their median price target is A$7.60, as per data compiled by LSEG
** NHF down ~3% YTD, as of last close    


($1 = 1.4235 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))