UBS keeps Buy rating on Brambles stock at AUD 24.50

Published on 10/25/2026 at 02:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For Brambles stock, fiscal 2027 sales growth is guided at 2% to 4%. Underlying profit growth is set at 2% to 6%.

Fiscal 2027 framework

UBS kept its Buy rating and AUD 24.50 target on October 22, 2026.
Brambles guided to 2.00 percent to 4.00 percent sales growth for fiscal 2027.
Underlying profit growth guidance stands at 2.00 percent to 6.00 percent.
Market capitalization stood at AUD 28.7 billion on October 23, 2026.

Brambles, AU000000BXB1, Illustration mit AI erstellt.

Brambles (AU000000BXB1) reaffirmed fiscal 2027 sales revenue growth guidance of 2.00 percent to 4.00 percent and underlying profit growth guidance of 2.00 percent to 6.00 percent on October 22, 2026. According to Newsmetry, UBS analyst Andre Fromyhr kept a Buy rating and an AUD 24.50 target on the stock in a note published October 22, 2026.

Guidance holds through disruption

The outlook includes free cash flow before dividends of USD 800 million to USD 950 million. Capital Brief reported on October 22, 2026 that Brambles had increased repair capacity across its US network by 3.00 percent from April 2026 levels.

The company also purchased 1.3 million new pallets in the fourth quarter of fiscal 2026 and another 1.4 million in the first quarter of fiscal 2027, according to Capital Brief.

What does the target imply?

UBS's AUD 24.50 target is AUD 2.85 above the AUD 21.65 last ASX price cited for October 23, 2026, equivalent to 13.16 percent above that price. The target therefore places execution on the US repair network at the center of the investment case.

Three events frame the story

On August 20, 2026, Brambles reported fiscal 2026 revenue of USD 7.26 billion, up 5.90 percent from fiscal 2025, according to Simply Wall St. On October 22, 2026, shareholders approved the AGM resolutions and the appointment of KPMG as auditor, as reported by TipRanks. On the same date, management reaffirmed the fiscal 2027 framework and the 2.00 percent to 6.00 percent underlying profit growth range, according to Capital Brief.

Upcoming reporting dates

Brambles lists February 18, 2027, for its 2027 half-year results and August 19, 2027, for its 2027 full-year results in the Brambles financial calendar.

ASX valuation and operating risk

Brambles was listed on the Australian Securities Exchange under BXB.AX, with a market capitalization of AUD 28.7 billion and a 52-week range of AUD 16.18 to AUD 25.56 as of October 23, 2026. The key risk is execution: US repair capacity must keep improving while fiscal 2027 begins with the most significant disruption period.

On the ASX, Brambles was last at AUD 21.65 on October 23, 2026 at 4:10 p.m. AEDT. The further course of trading is shown by the continuously updated real-time quote of Brambles stock.