CSL Limited: Disappointing downgrades: Headwinds may persist into FY27

Research evidence excerpt

CSL Limited: Disappointing downgrades: Headwinds may persist into FY27

APR - Healthcare Coverage Cluster

Investment rating Company BofA Ticker Bloomberg symbol Analyst

Gushengtang GSHTF 2273 HK David Li

Hansoh HNSPF 3692 HK David Li

Hengrui Medicine XMOKF 600276 CH David Li

Huadong Medicine XCPDF 000963 CH Ethan Cui

Hualan Biological XCBEF 002007 CH Ethan Cui

Hygeia Healthcare HYHHF 6078 HK Ethan Cui

IHH Healthcare Berhad IHHHF IHH MK Neha Manpuria

IHH Healthcare Bhd XFAHF IHH SP Neha Manpuria

Innovent IVBXF 1801 HK David Li

Integral Diagnostics ITGDF IDX AU Lyanne Harrison

Jinxin Fertility JXFGF 1951 HK Ethan Cui

Jinyu Bio-Tech XMTDF 600201 CH David Li

JMDC JMDCF 4483 JP Ritsuo Watanabe

Kelun-Biotech XSKBF 6990 HK David Li

Laekna LAEKF 2105 HK David Li

M3 MTHRF 2413 JP Ritsuo Watanabe

Medley XEQNF 4480 JP Ritsuo Watanabe

Menicon MNNLF 7780 JP Kei Takeuchi

MicroPort MCRPF 853 HK Sandra Sun

Mindray XDVVF 300760 CH Sandra Sun

Nakanishi NKNSF 7716 JP Kei Takeuchi

New Industries Biomedical Engineering XSNQF 300832 CH Sandra Sun

Nxera Pharma SOLTF 4565 JP Koichi Mamegano

Otsuka HD OTSKF 4578 JP Koichi Mamegano

Otsuka HD OTSKY OTSKY US Koichi Mamegano

Pharmaron PHBBF 3759 HK David Li

Polynovo CALZF PNV AU Lyanne Harrison

Praram 9 Hospital XPNHF PR9 TB Teerapol Udomvej, CFA

ResMed Inc RSMDF RMD AU Lyanne Harrison

ResMed Inc. RMD RMD US Lyanne Harrison

Santen Pharm. SNPHF 4536 JP Koichi Mamegano

Sawai Group Holdings SWGHF 4887 JP Ritsuo Watanabe

Shanghai Pharmaceuticals SHPMF 2607 HK David Li

Shanghai United Imaging XCAOF 688271 CH Sandra Sun

Shimadzu SHMZF 7701 JP Kei Takeuchi

Shionogi SGIOF 4507 JP Koichi Mamegano

Shionogi SGIOY SGIOY US Koichi Mamegano

Sigma Healthcare SIGGF SIG AU Lyanne Harrison

Sino Biopharm SBMFF 1177 HK David Li

Sinopharm SHTDF 1099 HK David Li