Morgans retains Trim rating and AUD 31.67 target for Westpac stock
Published on 10/27/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDates and valuation signals
- Morgans retained its Trim rating and AUD 31.67 target for Westpac on October 27, 2026.
- Westpac will announce fiscal 2026 results on November 2, 2026.
- Westpac stock trades at EUR 22.72 at 9:16 a.m. CET at Lang & Schwarz on October 27, 2026.
Westpac Banking Corporation (ISIN AU000000WBC1) has a new investor reference point ahead of its fiscal 2026 results: Morgans retained its Trim rating and AUD 31.67 price target on October 27, 2026, according to Motley Fool Australia. The broker cited softer balance sheet growth in its updated forecasts.
What does the November date mean?
The immediate test is Westpac's full-year 2026 report. The bank's investor center schedules the announcement for November 2, 2026, giving shareholders a defined point at which balance sheet growth, earnings and capital trends will be reassessed by the market. The same page lists Westpac's 2026 annual general meeting for December 16, 2026, according to Westpac.
Three dates frame the stock
On May 6, 2026, Westpac reported first-half 2026 revenue of AUD 10.90 billion, up 2.90 percent from the prior-year period, while net income rose 2.90 percent to AUD 3.41 billion, according to Simply Wall St. On October 19, 2026, Westpac booked an AUD 41 million RAMS litigation charge in fiscal second half reporting, as stressed exposures declined, according to MarketScreener.
On October 27, 2026, Morgans kept its AUD 31.67 target unchanged and retained the Trim rating, with the broker describing Westpac as slightly overvalued at current levels. That view creates a clear comparison for the November results: investors will be looking for evidence that balance sheet growth and earnings can improve on the first-half baseline.
When is the next update?
Westpac's fiscal 2026 results are due on November 2, 2026, followed by the annual general meeting on December 16, 2026. Westpac Banking Corporation is listed on the Australian Securities Exchange under ticker WBC, according to el fondo.
Euro quote before results
Westpac was trading at EUR 22.72 at Lang & Schwarz on October 27, 2026 at 9:16 a.m. CET. The quoted level gives German investors a live euro reference as the Australian bank approaches its scheduled annual results.
The further course of trading is shown by the continuously updated real-time quote of Westpac stock.
Westpac stock key data
- Company: Westpac Banking Corporation
- ISIN: AU000000WBC1
- Ticker: WBC
- Primary exchange: Australian Securities Exchange
- Price Lang & Schwarz (as of October 27, 2026, 9:16 a.m. CET): EUR 22.72
- Market capitalization: AUD 123.6 billion (as of October 27, 2026)
- 52-week range: AUD 33.46-43.32 (as of October 27, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
Market context: Market report S&P/ASX 200.
