** Analysts at Morningstar set a fair value estimate of A$0.70 per share for Australia's L1 Group L1G.AX
** Morningstar expects the Platinum–L1 Capital merger to reverse Platinum's earnings decline, projecting 43% annual EPS growth for the combined group from FY26 to FY30
** Duplicate cost reductions, inflows into L1 Capital's better-performing product suite and its high-performance fee structure expected to offset Platinum's organic decline — Morningstar
** However, fund management firm has higher fees, lacks diversification across products and distribution channels compared with peers that have greater scale advantages, Morningstar adds
** Four analysts rate the stock "hold"; their median PT is A$0.75, as per data compiled by LSEG
** L1G down 2.9% YTD, as of last close
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))