Citi keeps Buy rating for ANZ stock at AUD 41.00 target

Published on 10/13/2026 at 09:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

March-quarter revenue hit AUD 31.56 billion and net profit AUD 3.65 billion. ANZ stock costs EUR 23.97 on October 13, 2026, above EUR 22.60.

Key points in brief

Citi maintained a Buy rating and an AUD 41.00 price target for ANZ Group Holdings on October 11, 2026.
Revenue reached AUD 31.56 billion and net profit AUD 3.65 billion in the quarter ending March 31.
ANZ stock was at EUR 23.97 at Lang & Schwarz on October 13, 2026, 6.06 percent above the October 12 Xetra close of EUR 22.60.
TradingView lists November 9, 2026 as ANZ Group Holdings' next earnings date.

ANZ, AU000000ANZ3, Illustration mit AI erstellt.

ANZ Group Holdings (ISIN AU000000ANZ3) was trading at EUR 23.97 at Lang & Schwarz on October 13, 2026 at 9:07 a.m. CEST, up EUR 1.37 or 6.06 percent versus the Xetra close of October 12, 2026 at EUR 22.60. According to Markets Insider on October 11, 2026, Citi maintained a Buy rating on ANZ Group Holdings with an AUD 41.00 price target.

Citi keeps target at AUD 41.00

The Citi target is materially above the current Australian listing price, but the comparison uses different currencies from the euro reference quote and is therefore not converted into a euro upside figure. The rating matters because the broader consensus remains more cautious, with a Hold view and an AUD 35.69 average target cited in the same October 11 report.

ANZ's latest reported quarter ending March 31 delivered revenue of AUD 31.56 billion and net profit of AUD 3.65 billion, according to Markets Insider. Revenue was lower than the AUD 35.63 billion reported for the comparable prior-year period, while net profit increased from AUD 3.64 billion.

What does the target mean?

The earnings comparison points to a mixed operating picture: net profit improved by AUD 0.01 billion, while revenue declined by AUD 4.07 billion. For investors, the difference between Citi's AUD 41.00 target and the AUD 35.69 consensus average highlights a more constructive view from Citi than the wider analyst group.

Next earnings date is November 9

TradingView lists November 9, 2026 as ANZ Group Holdings' next earnings date. That date gives the market a defined point at which the bank can update investors on earnings, margins and the integration of Suncorp Bank.

ANZ stock trades above Xetra close

At Lang & Schwarz, ANZ stock was trading at EUR 23.97 on October 13, 2026 at 9:07 a.m. CEST, up 6.06 percent versus the Xetra close of October 12, 2026 at EUR 22.60. The move is stated as a price comparison rather than a causal reaction because the available analyst report does not connect Citi's rating with the euro quotation. The further course of trading is shown by the continuously updated real-time quote of ANZ stock.