Going into the first half result, due February 19, Credit Suisse envisages low risk to FY20 guidance.
The broker makes minor changes to forecasts, lowering the risk-free rate to 3.0% on sustained lower bond yields and consistent with the rest of the sector.
Neutral maintained. Target rises to $31.80 from $26.80.
Sector: Health Care Equipment & Services.
Target price is $31.80.Current Price is $31.27. Difference: $0.53 – (brackets indicate current price is over target). If SHL meets the Credit Suisse target it will return approximately 2% (excluding dividends, fees and charges – negative figures indicate an expected loss).
