** Analysts at Citi lower FY24 cash earnings est. on Australia's ANZ Group by 3%; keep stock rating at "sell"

** The Australian lender said its second-half profit will take A$196 mln ($129.63 mln) hit, after taxes, due to impacts from the acquisition of Suncorp's banking arm

** Brokerage says the lowered cash earnings are reflected due to the one-off charge and would be looked through by the market

** SUN’s loan portfolio was brought on to ANZ’s balance sheet with no expected credit loss $(ECL)$ provisioning - Citi

** Brokerage has A$25 PT on ANZ

** Stock is up 21.3% this year, as of last close

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))