UBS cuts target to AUD 24.00 for Charter Hall stock

Charter Hall Group (ISIN AU000000CHC0) received a AUD 24.00 price target from UBS on September 29, 2026, according to Business Insider. UBS maintained its Buy rating, leaving the target 25.72 percent above Charter Hall's AUD 19.09 ASX price on October 20, 2026.

Valuation meets earnings

The target arrives after a mixed earnings picture. For the quarter ended June 30, 2026, revenue was AUD 284.5 million and net profit was AUD 79.0 million, compared with AUD 404.2 million and AUD 266.6 million in the comparable prior-year period, Business Insider reported. The comparison makes the analyst target more dependent on funds growth and future earnings conversion than on the latest quarter alone.

Charter Hall's FY26 operating earnings reached AUD 488.1 million, an increase of 26.80 percent, while funds under management reached AUD 94.3 billion, according to the company's dated investor coverage. The group manages commercial property funds across office, retail, industrial and logistics assets, with long-term leases forming a central part of its platform.

What does the target imply?

At AUD 19.09, the UBS target of AUD 24.00 implies 25.72 percent upside in the same currency. The calculation compares the target with the ASX price, rather than with the euro reference quotation used for German trading venues.

Next reporting date

Charter Hall's next earnings report is listed for December 2, 2026, according to Investing.com. That date gives investors the next scheduled checkpoint for testing whether funds growth is translating into revenue and profit.

ASX price and market value

Charter Hall was trading at AUD 19.09 on the ASX on October 20, 2026 at 11:52 a.m. AEDT. Its market capitalization was AUD 9.0 billion, while the 52-week range stood at AUD 17.49 to AUD 25.95.

Market context: Market report S&P/ASX 200.

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