Jarden analysts lower ratings on Air NZ, Michael Hill after company updates

They also lowered their 12-month target prices on both companies. (Image: Getty)

Fri, 24 Oct 2025

Jarden analysts were more bearish about Air New Zealand and Michael Hill International after the company updates this week.Analysts Grant Lowe and Zachary McIntyre lowered their rating on Air NZ to underweight from neutral after the national carrier said it now expects a loss before taxation for the first half of the 2026 financial year in the range of $30 million to $55m. In August, Air NZ said it expected earnings before taxation for the first half of the 2026 financial year to be similar or less than the $34m reported in the second half...

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