Citi maintains AUD 36.10 target for Westpac stock
Published on 10/14/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting dates
- Citi analyst Thomas Strong maintained a Hold rating and set an AUD 36.10 target on October 11, 2026.
- Westpac lists full-year 2026 results for November 2, 2026.
- Westpac stock was AUD 34.69 on ASX on October 14, 2026 at 4:20 p.m. AEDT, down 1.34 percent versus its prior close.
- Westpac had an AUD 118.5 billion market capitalization and a 17.09 price-to-earnings ratio on October 14, 2026.
Markets Insider reported on October 11, 2026, that Thomas Strong of Citi maintained a Hold rating on Westpac stock and set an AUD 36.10 price target. The target lies 4.06 percent above the AUD 34.69 ASX price. The stock was last at AUD 34.69 on ASX on October 14, 2026 at 4:20 p.m. AEDT, down 1.34 percent versus the prior ASX close.
Results date sets the next marker
Westpac's investor center lists full-year 2026 results for November 2, 2026, followed by the 2026 annual meeting on December 16, 2026, according to Westpac.
The latest reported interim figures cover the first half of 2026. Simply Wall St reported revenue of AUD 10.90 billion, up 2.90 percent from the first half of 2025, while net income rose 2.90 percent to AUD 3.41 billion. Earnings per share increased to AUD 1.00 from AUD 0.97.
Price stays above its yearly low
The October 14, 2026 ASX quote was AUD 3.68 percent above the 52-week low of AUD 33.46 and 19.93 percent below the high of AUD 43.32. Trading volume reached 5,780,304 shares, 28.07 percent above the average volume of 4,513,664 shares.
Westpac's AUD 118.5 billion market capitalization and 17.09 price-to-earnings ratio place valuation beside the analyst target rather than the daily move. Its trailing dividend yield was 4.00 percent on October 14, 2026.
Comparison with peers
Westpac (ASX, AUD): minus 1.34 percent, price-to-earnings ratio 17.09, market capitalization AUD 118.5 billion.
Commonwealth Bank of Australia (ASX, AUD): minus 2.16 percent, price-to-earnings ratio 23.26, market capitalization AUD 252.8 billion.
ANZ Group Holdings (ASX, AUD): minus 0.23 percent, price-to-earnings ratio 19.54, market capitalization AUD 115.3 billion.
Westpac remains above its low
Westpac's last ASX quote on October 14, 2026 came 3.68 percent above the year's low, while the 17.09 price-to-earnings ratio remains below Commonwealth Bank's 23.26 and ANZ's 19.54. The next scheduled company date is the full-year 2026 results announcement on November 2, 2026.
Market context: Market report S&P/ASX 200.
Westpac market data
- Company: Westpac Banking Corporation
- ISIN: AU000000WBC1
- Ticker: WBC
- Primary exchange: ASX
- Price ASX (as of October 14, 2026, 4:20 p.m. AEDT): AUD 34.69
- Change versus prior close: minus 1.34 percent
- Prior close ASX: AUD 35.16
- Market capitalization: AUD 118.5 billion (as of October 14, 2026)
- 52-week range: AUD 33.46 to AUD 43.32 (as of October 14, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: November 2, 2026
