0213 GMT - The strong share-price reaction to Ansell's first-quarter trading update keeps Macquarie analysts neutral on the stock. They like Ansell's guidance upgrade and acknowledge that the personal protective equipment business acquired from Kimberly-Clark in 2024 is likely to keep performing better than Ansell had initially anticipated. But even with a US$200 million buyback in their forecasts for fiscal 2026, they tell clients in a note that the positive market reaction to the update means that the company looks fairly valued. Macquarie has a last-published A$33.50 target price on the stock, which is up 5.5% at A$36.15. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
October 28, 2025 22:13 ET (02:13 GMT)
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