ANZ stock: Citi maintains AUD 41.00 target for ANZ Group Holdings stock

Published on 10/20/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ANZ faces its next AGM on December 17, 2026. ANZ stock costs EUR 24.16 on October 20, 2026, plus 2.37 percent versus the Xetra close.

Citi target stays at AUD 41.00

Citi maintained its AUD 41.00 target for ANZ on October 19, 2026.
ANZ's annual general meeting is scheduled for December 17, 2026.
ANZ stock costs EUR 24.16 at Lang & Schwarz on October 20, 2026, up 2.37 percent versus the Xetra close.
Third-quarter fiscal 2026 cash profit reached AUD 1.90 billion.

ANZ, AU000000ANZ3, Illustration mit AI erstellt.

ANZ Group Holdings (AU000000ANZ3) is trading at EUR 24.16 at Lang & Schwarz on October 20, 2026 at 3:59 p.m. CEST, up 2.37 percent versus the Xetra close of October 19, 2026 at EUR 23.60. Citi maintained its Buy rating and AUD 41.00 target for ANZ in a report dated October 19, 2026, according to Business Insider. Against the ASX price of AUD 38.98 on October 20, 2026, the target stands 5.18 percent above the share price.

Third-quarter cash profit reached AUD 1.90 billion

ANZ reported unaudited cash profit of AUD 1.90 billion for the third quarter of fiscal 2026, up 1.00 percent against the quarterly average for the first half. Excluding a New Zealand class-action provision, cash profit reached AUD 1.98 billion, a 5.00 percent increase on that comparison basis, according to Beinsure.

What does the target imply?

The AUD 41.00 target is 5.18 percent above the ASX price of AUD 38.98. Citi's target is more optimistic than the reported average target of AUD 36.56 from 14 analysts, which implies a 6.21 percent downside from the ASX price, according to Investing.com.

Price position and December 17 date

The ASX 52-week range is AUD 33.36 to AUD 41.00, putting the share 4.93 percent below its high and 16.85 percent above its low. ANZ's annual general meeting is scheduled for December 17, 2026, and the proposed climate transition plan resolution will be detailed in the meeting notice, according to TipRanks.

Comparison with peers

ANZ Group Holdings: up 2.37 percent versus the Xetra close, P/E 19.89, market capitalization AUD 117.4 billion.

National Australia Bank (ASX, AUD): down 1.75 percent, P/E 20.42, market capitalization AUD 122.0 billion.

Westpac Banking Corporation (ASX, AUD): down 0.79 percent, P/E 17.31, market capitalization AUD 120.0 billion.

ANZ stock stays below its yearly high

At Lang & Schwarz, ANZ was trading at EUR 24.16 on October 20, 2026 at 3:59 p.m. CEST, up 2.37 percent versus the Xetra close of October 19, 2026 (EUR 23.60). The ASX valuation was AUD 117.4 billion on October 20, 2026.

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