Ord Minnett sets AUD 89.00 target for Wesfarmers stock

Published on 10/26/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A Hold consensus puts the average target at AUD 77.53. Wesfarmers stock costs EUR 49.70 on October 26, 2026 at 3:39 p.m. CEST.

Ord Minnett target and valuation

Ord Minnett set an AUD 89.00 target and Buy rating on October 13, 2026.
The average target was AUD 77.53 alongside a Hold consensus on October 14, 2026.
Wesfarmers stock costs EUR 49.70 at Lang & Schwarz on October 26, 2026 at 3:39 p.m. CEST.

Wesfarmers, AU000000WES1, Illustration mit AI erstellt.

Ord Minnett set an AUD 89.00 price target and a Buy rating for Wesfarmers on October 13, 2026, according to Markets Insider. The target stood 12.62 percent above the ASX price of AUD 79.03 on October 26, 2026. Wesfarmers stock was trading at EUR 49.70 at Lang & Schwarz on October 26, 2026 at 3:39 p.m. CEST.

Target leaves a 12.62 percent gap

The Ord Minnett target is higher than the average AUD 77.53 target cited in the same October 14, 2026 report, where the analyst consensus was Hold. That spread puts the individual Buy view AUD 11.47 above the average target and AUD 9.97 above the ASX price.

Wesfarmers combines retail and industrial activities rather than relying on one operating market. Its investor center describes businesses spanning home improvement, general merchandise, office products, health and wellness, chemicals, fertilizers, industrial supplies, gas and lithium. The company says its primary objective is to deliver shareholder returns through financial discipline and diversified businesses, as stated on its investor center.

ASX valuation stays demanding

Wesfarmers had a market capitalization of AUD 89.7 billion and a price-to-earnings ratio of 31.24 on October 26, 2026. Its 52-week range was AUD 70.80 to AUD 94.70, placing the ASX price AUD 8.23 below the high and AUD 8.23 above the low reference midpoint.

The ASX quote also showed volume of 1,437,408 shares on October 26, 2026. JB Hi-Fi had a market capitalization of AUD 8.0 billion and a price-to-earnings ratio of 16.41, while Woolworths had AUD 49.8 billion and a ratio of 44.43 on the same date.

Retail peers show mixed valuation

Coles added another comparison point with a market capitalization of AUD 32.5 billion and a price-to-earnings ratio of 29.85 on October 26, 2026. Wesfarmers therefore traded on a lower earnings multiple than Woolworths but a higher multiple than JB Hi-Fi and Coles.

The euro quote remains the market frame

For investors in Germany, the key cross-market reference is the Lang & Schwarz quote in euros, while the company and analyst targets remain anchored to the Australian market. The analyst target, the current AUD valuation and the EUR quote describe different parts of the same stock picture.

Wesfarmers was trading at EUR 49.70 at Lang & Schwarz on October 26, 2026 at 3:39 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Wesfarmers stock.