Australia's Ramsay Health Care hits 3-month peak as Morningstar flags growth upside

*Shares of Ramsay Health Care RHC.AX rise as much as 4.7% to A$37.65, their highest level since August 27

Morningstar holds firm on its A$54 fair value estimate for Ramsay, calling the stock undervalued as profitability improves from better theatre utilisation, easing wage strain pressures, others

Ramsay’s stock jumped 2.7% on Tuesday after the hospital operator said its Australian business expects EBIT growth in FY26

Investment research firm expects co's Australia business rev growth to outpace costs, with wage growth falling below 3.5% by FY27

Stock up 8.6% YTD, including the day's moves