Oct 6 (Reuters) - ** Analysts at Citi say lower metallurgical coal prices to "modestly" benefit Australia's Bluescope

** Brokerage firm reduces coking coal prices 6%/7% in CY26/27

** Citi sees company's FY25 net profit after tax (NPAT) to be about 5% down while FY26/27 NPAT is expected to rise about 2%/6%

** Retains "buy" rated, keeps target price of A$23 unchanged

** Eight of 12 analysts rate the stock "buy" or higher, two "hold" and two "sell" or lower; their median PT is A$23.25 – LSEG data

** Stock is down about 6.8% YTD as of last close

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com;))