Jefferies reduces PT, earnings estimate for Australia's Sonic Healthcare

Sonic Healthcare

21/08/2025 20:58

** Jefferies cuts PT for Australia's Sonic Healthcare SHL.AX to A$26.90 from A$28.30 and maintains "hold" rating

** Reduces FY26 and FY27 EPS estimates by about 4% each for medical diagnostic services provider

** Jefferies acknowledges difficulty of offsetting lower growth rates (likely in Australia and the U.S. in FY26, according to brokerage) in relatively high-fixed-cost business like laboratory services

** Seven of 16 analysts rate the stock "buy" or higher, eight "hold" and one "sell"; their median PT is A$28 – according to data compiled by LSEG

** Stock down 7.3% YTD

 (Reporting by Sneha Kumar in Bengaluru)

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