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;))
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