UBS keeps Hold on Eagers stock at AUD 22.00 target

Published on 10/25/2026 at 03:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canaccord kept a Buy rating at AUD 28.80 on October 6, 2026. Eagers stock had AUD 5.2 billion market value on October 23, 2026.

Analyst view and company events

UBS maintained a Hold rating and set an AUD 22.00 target on October 6, 2026.
Eagers reported AUD 8.05 billion in first-half revenue on August 26, 2026.
Eagers Automotive had an AUD 5.2 billion market capitalization as of October 23, 2026.

Eagers, AU000000APE3, Illustration mit AI erstellt.

Eagers Automotive Limited (AU000000APE3) drew mixed analyst views on October 6, 2026, when UBS maintained a Hold rating and set an AUD 22.00 price target, while Canaccord Genuity maintained a Buy rating with an AUD 28.80 target. The split followed Eagers' record first-half results and a planned New Zealand dealership sale.

Analysts set different targets

According to Markets Insider on October 6, 2026, UBS analyst Tim Plumbe kept Hold and set an AUD 22.00 target. A separate Markets Insider report said Canaccord Genuity analyst Andrew Hodge maintained Buy with an AUD 28.80 target on the same date.

The targets frame a wide valuation debate, but the latest operating figures provide the clearest company-specific counterpoint. StockLight reported that revenue rose 24.00 percent to AUD 8.05 billion and net profit after tax rose 23.00 percent to AUD 165.20 million in the half year ended June 30, 2026.

What changed in three events?

On August 26, 2026, Eagers reported AUD 8.05 billion in first-half revenue and AUD 165.20 million in net profit after tax. On September 29, 2026, GoAutoNews Premium reported that Eagers was selling nine New Zealand retail and service centers with combined annual turnover of AUD 325.00 million. On October 6, 2026, UBS and Canaccord published the contrasting AUD 22.00 and AUD 28.80 targets.

Which dates matter next?

The New Zealand transaction is scheduled to take effect on October 31, 2026, according to GoAutoNews Premium. Nordnet lists Eagers' next half-year report for February 17, 2027, giving investors a defined checkpoint for the effect of the portfolio change.

Stock value and operating scale

Eagers Automotive had a market capitalization of AUD 5.2 billion as of October 23, 2026. Its ASX quotation stood at AUD 18.59 at 4:10 p.m. AEDT on October 23, 2026, within a 52-week range of AUD 17.56 to AUD 35.01. The company operates vehicle dealerships across Australia and New Zealand, with car retailing, truck retailing and property activities.