Morgan Stanley rates MPL as Equal-weight

Published: 2025-06-02 20:30:10 ET MS

Published on 06/02/2025 at 20:30

APRA's March 2025 health insurance statistics show stable industry profitability and record participation, according to Morgan Stanley, despite ongoing cost-of-living pressures.

The broker notes growth in hospital claims paid per policy is easing, while extras claims remain steady.

As a consequence of the above, the analyst has greater confidence in near-term profitability for Medibank Private.

Target $4.50. Equal-weight. Industry View: In-Line.

Sector: Insurance.

Target price is $4.50.Current Price is $4.87. Difference: ($0.37) - (brackets indicate current price is over target). If MPL meets the Morgan Stanley target it will return approximately -8% (excluding dividends, fees and charges - negative figures indicate an expected loss).