Morningstar maintains fair value estimates on Aussie health firms despite Trump's 200% tariffs plan
** Analysts at Morningstar maintain fair value estimates on Australian health companies, anticipating a change in U.S. President Donald Trump's position on pharmaceutical tariffs
** Trump said on Tuesday he plans to announce tariffs on imported pharmaceuticals to the U.S. which could reach 200%
** Investment research firm sees CSL CSL being impacted by the tariffs as it processes some U.S. products in Australia, but doesn't expect earnings to take a material hit
** "Tariffs this high are unlikely to persist and CSL can adapt by onshoring manufacturing" - Morningstar
** Also anticipates Ansell ANN, Polynovo
PNV, Nanosonics
NAN, and Fisher & Paykel
FPH to be impacted, if tariffs come into effect
** Says Telix TLX is enviably exempt from all potential tariffs on pharmaceuticals though shares remain overvalued
Morningstar Fair Value Estimates -
Stock | Fair Value Estimates |
CSL Ltd | A$325 |
Fisher & Paykel Healthcare | A$25 |
Ansell | A$36.50 |
Telix Pharmaceuticals | A$19.50 |
Nanosonics | A$4.30 |
Polynovo | A$1.15 |