Commonwealth Bank stock: Morgan Stanley cuts target to AUD 125.00

Published on 10/22/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CBA trades at a P/E of 24.18 versus a 16.60 peer average. Commonwealth Bank stock costs EUR 98.14 on October 22, 2026.

Analyst target and valuation

Morgan Stanley cut its Commonwealth Bank target to AUD 125.00 on October 18, 2026.
Commonwealth Bank trades at a P/E of 24.18 versus a peer average of 16.60.
Commonwealth Bank stock costs EUR 98.14 at Lang & Schwarz on October 22, 2026 at 5:12 p.m. CEST.

CBA, AU000000CBA7, Illustration mit AI erstellt.

Commonwealth Bank of Australia (AU000000CBA7) faces a lower AUD 125.00 price target from Morgan Stanley, leaving the target AUD 32.17 below the ASX price of AUD 157.17, or 20.47 percent. MarketScreener reported the Morgan Stanley adjustment on October 18, 2026. Commonwealth Bank was trading at EUR 98.14 at Lang & Schwarz on October 22, 2026 at 5:12 p.m. CEST.

Target stays below the share price

The analyst view sets a clear valuation reference for the bank. Morgan Stanley's AUD 125.00 target is 20.47 percent below the AUD 157.17 ASX price, a gap that places the research view well below the latest Australian quotation.

Valuation runs above peers

Commonwealth Bank's valuation is also higher than the comparison group. Simply Wall St lists a P/E of 24.10 for CBA against a peer average of 16.60, while Westpac is at 17.30 and National Australia Bank at 20.10. The comparison shows that the premium is not limited to one valuation measure.

Market value and investor dates

The latest market capitalization is AUD 262.76 billion, with a 52-week range of AUD 146.98 to AUD 185.59. The ASX quotation stood at AUD 157.17 on October 22, 2026 at 4:12 p.m. AEDT, placing the share AUD 10.19 above its yearly low and AUD 28.42 below its yearly high.

Commonwealth Bank held its 2026 annual meeting on October 14, 2026. The investor center identifies the bank's 2026 full-year results and annual report among its reporting materials, while its business covers retail, commercial and institutional banking in Australia and New Zealand.

What the target says about valuation

The contrast between AUD 157.17 in the market and AUD 125.00 in Morgan Stanley's target is the central valuation signal. A P/E of 24.18 also exceeds the 16.60 peer average, so the share price leaves less room for disappointment than the comparison banks.

Price remains the daily reference

The euro quotation gives German investors a separate trading view of Commonwealth Bank. The stock was trading at EUR 98.14 at Lang & Schwarz on October 22, 2026 at 5:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of CBA stock.