** Citi raises price target for Ansell ANN.AX to A$38 from A$32.50
** Co's 1H25 adjusted basic EPS of 55.7 US cents was 9% above VA consensus
** ANN increased FY25 adjusted EPS forecast to a range of 118 US cents to 128 US cents, from 110 US cents to 127 US cents, while reporting its FY earnings
** Citi upgrades FY25-27 adj basic EPS estimates by 3%-6% on higher revenue, but lower margin expectations
** "In FY26 EPS growth will likely be reliant on organic growth and ANN's ability to sustain the cost savings" — Citi
** Citi says co's H2 earnings growth will likely be driven by the annualization of the co's recently acquired KBU business and the benefits from the cost saving program
** Stock up 11.7% this year, as of last close
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.