G8 Education's Occupancy Headwinds Set to Continue -- Market Talk
Dow Jones
Apr 30
0410 GMT - UBS analysts see operating headwinds buffeting Australian childcare operator G8 Education into its next fiscal year. The investment bank's economists expect the country's central bank to keep raising interest rates through 2026 in an effort to restrain consumer spending. This will put pressure on G8's occupancy levels, the analysts write in a note. Occupancy in fiscal 2026 is already down by 7.9% from a year earlier and the analysts now incorporate further underlying headwinds of 1.5% for both the fiscal second half and the first half of fiscal 2027. UBS slashes its target price 50% to A$0.19 and stays neutral on the stock, which is flat at A$0.165. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 30, 2026 00:10 ET (04:10 GMT)
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