Ord Minnett keeps Sell on Ramsay stock at AUD 48.00

Published on 10/07/2026 at 07:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ord Minnett set an AUD 48.00 target on October 4, 2026 and kept Sell. Ramsay stock had a EUR 33.90 prior close on October 5, 2026.

Ramsay, AU000000RHC8, Illustration mit AI erstellt.

Ramsay Health Care (ISIN AU000000RHC8) had a prior close of EUR 33.90 at Lang & Schwarz on October 5, 2026. Ord Minnett maintained a Sell rating and an AUD 48.00 price target on October 4, 2026, according to Markets Insider.

Sell target meets stronger FY26 figures

The AUD 48.00 target sits below the latest ASX quote of AUD 54.78 on October 7, 2026, while the analyst consensus cited by Markets Insider was Hold with an average target of AUD 52.04. That contrast gives the stock a clear valuation tension after Ramsay's stronger annual performance.

The Motley Fool Australia reported that FY26 revenue rose 4.20 percent to AUD 18.60 billion, while underlying EBIT increased 11.80 percent to AUD 1.16 billion. Underlying net profit after tax rose 19.30 percent to AUD 364.10 million in fiscal year 2026.

Profit growth improved the margin

Ramsay's underlying EBIT margin improved by 30 basis points to 6.20 percent in fiscal year 2026, according to The Motley Fool Australia. The full-year dividend also increased 13.80 percent to AUD 0.91 per share, adding a second quantified improvement to the earnings picture.

The figures matter because the profit increase was faster than revenue growth. That spread points to operating leverage from higher hospital activity, improved theatre utilization, private health insurance pricing and tighter cost control, all identified in the same FY26 results coverage.

Demerger sets the next corporate test

Ramsay is progressing plans to separate its 52.79 percent stake in Ramsay Santé, according to The Motley Fool Australia. The move would give shareholders direct exposure to the European hospital business while leaving the listed group with a clearer Australian and UK operating profile.

Ramsay's investor centre lists November 24, 2026, as the date for its annual general meeting and identifies the FY26 results release on August 27, 2026, according to the Ramsay Health Care investor centre. The meeting date gives investors a defined calendar point for the demerger discussion.

Euro prior close frames the valuation

The Lang & Schwarz prior close was EUR 33.90 on October 5, 2026. On the ASX, Ramsay was last quoted at AUD 54.78 at 3:52 p.m. AEDT on October 7, 2026, with a market capitalization of AUD 12.6 billion and a 52-week range of AUD 30.39 to AUD 55.98.

The further course of trading is shown by the continuously updated real-time quote of Ramsay stock.