IDP Education：IDP教育：优质业务，艰难环境-升级为买入评级-20250604
2025-06-04 01:20
ab 4 June 2025 Global Research IDP Education Quality bus., tough conditions - Upgrade to Buy Very low expectations priced in at current levels, business is not broken Uncertainty surrounding gov policy across all geographies continues to weigh on 2H25, a risk we flagged with the UK Immigration white paper (refer note). Despite losing some mkt share within IELTS, in our view IEL remains a high quality business, operating in challenging conditions. The incremental UK uncertainty has unfolded right before the ...