Ord Minnett keeps AUD 10.90 target for Qantas stock, 31.01 percent above price

Published on 10/17/2026 at 21:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Qantas holds its annual meeting on November 6, 2026. Qantas stock was last at EUR 5.13 on October 16, 2026, up 0.73 percent on ASX.

Analyst view and annual meeting

Ord Minnett maintained a Buy rating and an AUD 10.90 target on October 12, 2026.
Qantas is scheduled to hold its annual meeting on November 6, 2026.
Qantas stock was last at EUR 5.13 on Tradegate on October 16, 2026, while the ASX price rose 0.73 percent.
Qantas had a market capitalization of AUD 12.6 billion as of October 16, 2026.

Qantas, AU000000QAN2, Illustration mit AI erstellt.

Ord Minnett maintained a Buy rating and an AUD 10.90 price target for Qantas on October 12, 2026, according to Markets Insider. Against the ASX price of AUD 8.32 on October 16, 2026, the target stood 31.01 percent higher. Qantas stock was last at EUR 5.13 on Tradegate on October 16, 2026 at 6:27 p.m. CEST.

Ord Minnett target at AUD 10.90

The analyst target gives the market a separate valuation marker after Qantas shares closed at AUD 8.32 on the ASX on October 16, 2026. The same report placed the average analyst target at AUD 11.52 and described the consensus as Strong Buy, while Qantas carried a one-year high of AUD 11.09 and a one-year low of AUD 8.04, according to Markets Insider.

Annual meeting date

Qantas has scheduled its annual general meeting for November 6, 2026. The company calendar also lists June 30, 2026 as the fiscal year end and August 27, 2026 as the fiscal results announcement date, according to Qantas.

Price position and trading frame

On the ASX, Qantas opened at AUD 8.30, reached AUD 8.33 and touched AUD 8.21 on October 16, 2026. Volume was 6,819,314 shares, compared with an average volume of 5,725,564 shares. The close of AUD 8.32 was 3.48 percent above the one-year low and 24.98 percent below the one-year high.

Qantas stock was down 23.00 percent year to date in a report published October 15, 2026, while the company retained a market capitalization of AUD 12.6 billion. The year-to-date figure and the broader broker view were reported by Motley Fool Australia.

Comparison with peers

Qantas: plus 0.73 percent, P/E 9.79, market capitalization AUD 12.6 billion

Air New Zealand (NZX, NZD): 0.00 percent, P/E minus 5.14, market capitalization NZD 1.2 billion

Singapore Airlines (SGX, SGD): plus 0.62 percent, P/E 22.27, market capitalization SGD 20.6 billion

What the figures show

The comparison places Qantas below Singapore Airlines on the reported P/E measure and above Air New Zealand's negative P/E. The figures describe different home markets and currencies, so they are not a single valuation scale. The next dated company event is the annual meeting on November 6, 2026.

Tradegate price remains the euro marker

The last available euro quotation stood at EUR 5.13 on Tradegate on October 16, 2026 at 6:27 p.m. CEST. The home-market session closed Qantas at AUD 8.32 on the same date, up 0.73 percent against the prior ASX close.