** Analysts at Jefferies are downbeat on Australia's IDP Education , as student visas lodged continue to decline
** Brokerage cites Australia student visa data for August and notes visas lodged fell by 23% during the month, year-on-year
** "IELTS has been disrupted and will continue to be under pressure" - Jefferies
** Brokerage sees no indications that industry conditions are improving
** Retains "underperform" rating and PT of A$13/shr
** Seven of 12 analysts rate stock "buy" or higher, four "hold" and one "sell" or lower; their median PT is A$18.90 – LSEG data
** Stock is down over 20% YTD as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))
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