Jarden cuts target to AUD 2.50 for Vicinity Centres stock

Published on 10/20/2026 at 18:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 FFO rose 3.9 percent to AUD 700.10 million. Vicinity Centres stock costs EUR 1.46 on October 20, 2026 at 6:46 p.m. CEST.

Analyst target and operating figures

Jarden upgraded Vicinity Centres to Neutral and cut its target to AUD 2.50 on October 14, 2026.
FY26 funds from operations rose 3.90 percent to AUD 700.10 million.
Vicinity Centres stock costs EUR 1.46 at Lang & Schwarz on October 20, 2026 at 6:46 p.m. CEST.

Vicinity, AU000000VCX7, Illustration mit AI erstellt.

Vicinity Centres (ISIN AU000000VCX7) saw Jarden upgrade its rating to Neutral and cut the price target from AUD 2.70 to AUD 2.50 on October 14, 2026, according to FNArena. Vicinity Centres stock was trading at EUR 1.46 at Lang & Schwarz on October 20, 2026 at 6:46 p.m. CEST.

Jarden resets its valuation

The target reduction leaves Jarden's AUD 2.50 valuation 6.38 percent above Vicinity Centres' ASX price of AUD 2.35 on October 20, 2026. The change followed Jarden's higher risk-free-rate assumption of 5.10 percent, up from 4.40 percent, and higher capitalization-rate assumption of 6.20 percent, according to FNArena.

FY26 funds rose 3.90 percent

Vicinity Centres reported FY26 funds from operations of AUD 700.10 million, up 3.90 percent from AUD 673.80 million in FY25. Funds from operations per security increased to AUD 0.1521 from AUD 0.1479, while occupancy reached 99.60 percent, according to Simplify.

What comes next for investors?

Vicinity Centres' market capitalization stood at AUD 11.0 billion on October 20, 2026, with a price-to-earnings ratio of 7.58. The ASX price sat within a 52-week range of AUD 2.21 to AUD 2.73, putting the current AUD 2.35 level AUD 0.38 below the high and AUD 0.14 above the low.

The next dated corporate event is the annual general meeting on October 28, 2026. TipRanks reported that the meeting will use a hybrid format, with in-person and online participation.

Vicinity Centres in its peer group

Vicinity Centres combines a AUD 11.0 billion market capitalization with a 7.58 price-to-earnings ratio. Scentre Group traded at AUD 3.47 on October 20, 2026, with a 9.13 price-to-earnings ratio and AUD 18.1 billion market capitalization. Charter Hall Long WALE REIT traded at AUD 3.25, with an 8.33 price-to-earnings ratio and AUD 2.3 billion market capitalization.

Stock price and the next date

The current valuation remains tied to the contrast between higher FY26 funds from operations and Jarden's lower target. The October 28, 2026 annual meeting is the next dated corporate milestone.

The further course of trading is shown by the continuously updated real-time quote of Vicinity Centres stock.