Jefferies keeps AUD 34.99 target for Westpac stock

Published on 10/26/2026 at 15:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Westpac plans fiscal 2026 results for November 2, 2026, while Jefferies keeps a Hold rating. Westpac stock costs EUR 23.01 on October 26, 2026 at 3:30 p.m. CEST.

Analyst target and reporting date

Jefferies kept a Hold rating and an AUD 34.99 target on October 20, 2026.
Westpac plans to announce fiscal 2026 results on November 2, 2026.
Westpac stock costs EUR 23.01 at Lang & Schwarz on October 26, 2026 at 3:30 p.m. CEST.
The ASX quote was down 0.71 percent at AUD 36.53 on October 26, 2026.

Westpac, AU000000WBC1, Illustration mit AI erstellt.

Westpac Banking Corporation is scheduled to publish fiscal 2026 results on November 2, 2026, while Jefferies maintained a Hold rating and an AUD 34.99 price target on October 20, 2026, as reported by Markets Insider. At Lang & Schwarz, Westpac was trading at EUR 23.01 on October 26, 2026 at 3:30 p.m. CEST.

Jefferies keeps its target below the quote

Jefferies' AUD 34.99 target stands below Westpac's AUD 36.53 ASX price on October 26, 2026. The price was 4.40 percent above that target, calculated from the two Australian dollar values. The firm kept its Hold view, giving investors a dated valuation marker ahead of the results.

Westpac price position on October 26

Westpac closed at AUD 36.53 on the ASX on October 26, 2026, down 0.71 percent from AUD 36.79. Trading volume reached 4,850,596 shares. The 52-week range was AUD 33.46 to AUD 43.32, putting the price 9.18 percent above the low and 15.69 percent below the high.

The wider Australian banking market also moved higher on October 23, 2026. PerthNow reported that Westpac rose 3.11 percent to AUD 36.79, while Commonwealth Bank gained 4.35 percent and National Australia Bank rose 3.25 percent.

What dates matter for investors?

Westpac lists November 2, 2026 for its fiscal 2026 results and December 16, 2026 for its annual general meeting. The investor center also lists an interim dividend of AUD 0.77 per share paid on June 26, 2026.

Comparison with peers

Westpac: down 0.71 percent, P/E 18.00, market capitalization AUD 124.7 billion.

Commonwealth Bank: down 0.49 percent, P/E 25.11, market capitalization AUD 272.8 billion.

National Australia Bank: down 0.75 percent, P/E 21.35, market capitalization AUD 127.6 billion.

Westpac stock and the next dates

The upcoming results date gives the analyst target a clear near-term reference point. Westpac's valuation sits below the larger Commonwealth Bank multiple and below National Australia Bank's multiple, while its market capitalization is close to National Australia Bank's.

Westpac was trading at EUR 23.01 at Lang & Schwarz on October 26, 2026 at 3:30 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Westpac stock.