Morgan Stanley maintains Buy rating for ANZ stock at AUD 35.50

Published on 10/26/2026 at 16:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi still held an AUD 41.00 target on October 18, 2026. ANZ stock costs EUR 24.95 on October 26, 2026, down 0.35 percent on ASX.

Analyst view and key dates

Morgan Stanley maintained a Buy rating on October 19, 2026.
ANZ operating income rose 2.00 percent to AUD 5.61 billion in the third quarter of fiscal 2026.
ANZ stock costs EUR 24.95 at Lang & Schwarz on October 26, 2026 at 4:00 p.m. CET, down 0.35 percent on the ASX.
ANZ will hold its annual general meeting on December 17, 2026.

ANZ, AU000000ANZ3, Illustration mit AI erstellt.

ANZ Group Holdings (AU000000ANZ3) is trading at EUR 24.95 at Lang & Schwarz on October 26, 2026 at 4:00 p.m. CET, while its ASX listing was down 0.35 percent on the day. Morgan Stanley maintained a Buy rating and set an AUD 35.50 price target on October 19, 2026, according to Markets Insider.

Morgan Stanley keeps AUD 35.50 target

The target sits 11.03 percent below ANZ's AUD 39.90 ASX price on October 26, 2026. A separate October 18 report cited by Markets Insider said Citi maintained a Buy rating with an AUD 41.00 target, putting the two broker views AUD 5.50 apart.

Third-quarter figures add operating context

ANZ operating income increased 2.00 percent year over year to AUD 5.61 billion in the three months ended June 30, 2026. Profit before provisions rose 4.00 percent and cash profit advanced 3.00 percent, while the provision charge increased 6.00 percent to AUD 102.00 million, according to Motley Fool Australia.

What does AUD 35.50 imply?

The latest broker range cited by Motley Fool Australia ran from AUD 33.26 to AUD 41.32 across eight ratings. That spread of AUD 8.06 highlights a divided view of how quickly lending growth and margins can improve.

Dates for results and shareholders

ANZ's annual general meeting is scheduled for December 17, 2026, with a proposed climate transition resolution listed for consideration, according to The Globe and Mail. ANZ's annual 2026 results are listed for November 8, 2026 by MarketScreener.

Peer valuation remains higher

ANZ was valued at AUD 120.2 billion with a P/E ratio of 20.36 on October 26, 2026. Commonwealth Bank of Australia stood at AUD 272.8 billion and a P/E ratio of 25.11, while Westpac Banking Corporation carried AUD 124.7 billion and a P/E ratio of 18.00. All three figures refer to their ASX listings on October 26, 2026.

ANZ stock at Lang & Schwarz

ANZ stock was trading at EUR 24.95 at Lang & Schwarz on October 26, 2026 at 4:00 p.m. CET; the ASX listing was down 0.35 percent on the day at AUD 39.90. The further course of trading is shown by the continuously updated real-time quote of ANZ stock.