Ord Minnett's AUD 35.50 target leaves BlueScope stock 6.34 percent below it

Published on 10/27/2026 at 19:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BlueScope's AGM is set for November 16, 2026, adding a near-term date. BlueScope stock costs EUR 21.00 at Lang & Schwarz on October 27, 2026.

Analyst target and reporting date

Ord Minnett set an AUD 35.50 target for BlueScope on October 15, 2026.
BlueScope will hold its annual meeting on November 16, 2026.
BlueScope stock costs EUR 21.00 at Lang & Schwarz on October 27, 2026, below its AUD 35.26 52-week high.

BlueScope, AU000000BSL0, Illustration mit AI erstellt.

Ord Minnett set an AUD 35.50 target for BlueScope Steel on October 15, 2026, while the stock's primary-market quote stood at AUD 33.25 on the ASX on October 27, 2026 at 4:10 p.m. AEDT. Markets Insider reported that the analyst also assigned a Buy rating.

At AUD 33.25, the ASX quote was AUD 2.25 below the target, equal to 6.34 percent below it. That comparison uses the Australian share price and target in the same currency, keeping the analyst signal separate from the euro quotation used by German investors.

Target leaves room above the quote

The Ord Minnett target is also below BlueScope's 52-week high of AUD 35.26, while the current ASX quote is AUD 2.01 below that high. The 52-week range runs from AUD 20.46 to AUD 35.26, placing the stock materially above its low and below its recent peak as of October 27, 2026.

What does the target imply?

The target comparison points to a 6.34 percent gap between the latest ASX quote and Ord Minnett's valuation. The analyst's Buy rating and AUD 35.50 target were dated October 15, 2026, so the relevant question for investors is whether operating updates can support that level rather than whether the target itself has changed.

Valuation and next company date

BlueScope had a market capitalization of AUD 14.6 billion and a trailing price-to-earnings ratio of 18.27 as of October 27, 2026. Its dividend yield was 9.00 percent on the same date. The company will hold its 2026 annual meeting on November 16, 2026, at 10:00 a.m. AEDT, according to BlueScope.

Price position in Germany

For investors following the stock in euros, the share was trading at EUR 21.00 at Lang & Schwarz on October 27, 2026 at 6:54 p.m. CEST. The euro quotation provides the German trading perspective, while AUD 33.25 on the ASX remains the home-market value used for the analyst-target comparison.