RBC Capital keeps A$38.00 target for BlueScope stock

Published on 10/15/2026 at 20:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BlueScope's AGM is set for November 16, 2026. BlueScope stock costs EUR 19.00 on October 15, 2026, down 0.03 percent on the ASX.

Analyst target and November date

RBC Capital retained a Buy rating and an A$38.00 target on October 2, 2026, 23.21 percent above the ASX price.
BlueScope will hold its annual general meeting on November 16, 2026.
BlueScope stock costs EUR 19.00 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, 0.03 percent below the ASX prior close.
BlueScope had a market capitalization of AUD 13.5 billion on October 15, 2026.

BlueScope, AU000000BSL0, Illustration mit AI erstellt.

RBC Capital maintained its Buy rating on BlueScope and kept an A$38.00 price target on October 2, 2026, according to Markets Insider. The target stood 23.21 percent above the ASX price of A$30.84 on October 15, 2026. BlueScope stock was trading at EUR 19.00 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, down 0.03 percent versus the ASX prior close.

November meeting sets the calendar

BlueScope's next dated corporate event is its annual general meeting on November 16, 2026. The company said in its October 1 notice that the meeting will be held in hybrid format and begin at 10:00 a.m. AEDT, as reported in the BlueScope notice.

Price position remains measurable

The ASX quote was A$30.84 on October 15, 2026 at 4:12 p.m. AEDT, down 0.03 percent from A$30.85. The 52-week range was A$20.46 to A$35.26, placing the stock 12.53 percent below its high and 50.73 percent above its low. Trading volume reached 1,573,288 shares against an average of 1,430,505.

The latest company figures provide an operating reference. For the quarter ended June 30, revenue was A$8.41 billion and net profit was A$411.2 million, versus revenue of A$8.36 billion and a GAAP net loss of A$95.3 million in the year-earlier quarter, according to Markets Insider.

Comparison with peers

BlueScope: minus 0.03 percent, price-to-earnings ratio 16.95, market capitalization AUD 13.5 billion.

BHP Group (ASX, AUD): minus 4.70 percent, price-to-earnings ratio 20.76, market capitalization AUD 294.8 billion.

Rio Tinto Group (ASX, AUD): minus 4.85 percent, price-to-earnings ratio 12.20, market capitalization AUD 220.3 billion.

What the target implies

The RBC target provides a dated valuation marker, while the November meeting supplies the next formal company date. A separate October 15 assessment from The Motley Fool cited a Hold rating from Lazarus Capital Partners and underlying earnings before interest and tax of A$1.27 billion in fiscal year 2026.

BlueScope price and valuation

BlueScope stock was trading at EUR 19.00 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, 0.03 percent below the ASX prior close of October 15, 2026.

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