Australia's Ramsay Health Care hits 3-month peak as Morningstar flags growth upside

Ramsay Health Care

26/11/2025 24:50

Updates

** Shares of Ramsay Health Care RHC.AX rise as much as 4.7% to A$37.65, their highest level since August 27

** Morningstar holds firm on its A$54 fair value estimate for Ramsay, calling the stock undervalued as profitability improves from better theatre utilisation, easing wage strain pressures, others

** Ramsay’s stock jumped 2.7% on Tuesday after the hospital operator said its Australian business expects EBIT growth in FY26

** Investment research firm expects co's Australia business rev growth to outpace costs, with wage growth falling below 3.5% by FY27

** Stock up 8.6% YTD, including the day's moves

(Reporting by Kumar Tanishk and Nikita Maria Jino in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))