Analysts cut target for Mr Price stock to ZAR 195.59

Simply Wall St cites a ZAR 243.93 to ZAR 195.59 target cut for Mr Price stock. Fiscal 2026 revenue was ZAR 42.40 billion, up 4.70 percent.

Mr Price Group was last at ZAc 16,773.00 on the JSE on October 6, 2026, while Simply Wall St reported that analysts cut the target from ZAR 243.93 to ZAR 195.59. The reduction is 19.82 percent and places valuation assumptions at the center of the current Mr Price debate.

Target cut meets solid fiscal growth

Simply Wall St lists fiscal 2026 revenue at ZAR 42.40 billion, up 4.70 percent from fiscal 2025. Net income reached ZAR 3.73 billion, an increase of 2.30 percent, while earnings per share rose to ZAR 14.50 from ZAR 14.16.

The figures show a profitable retailer, but the target revision points to a more cautious view of future growth, margins and valuation multiples. That distinction matters because revenue growth remained positive while net income expanded at a slower rate than sales.

Interim results set the next date

Mr Price Group lists its annual results for June 5, 2026, and shows an interim-results closed period beginning September 15, 2026, with the open period scheduled for November 20, 2026. The calendar gives the stock a defined reporting window for the next material company update.

Mr Price operates across apparel, homeware, financial services and telecoms, giving investors several operating levers beyond clothing sales. The combination of a 4.70 percent revenue increase and a 2.30 percent net-income increase makes margin development a key numerical test for the next report.

JSE valuation remains material

Mr Price was last quoted at ZAc 16,773.00 on the JSE on October 6, 2026 at 10:47 a.m. SAST. The market capitalization was ZAR 43.1 billion at the same snapshot, placing the target reduction against a sizeable listed retail business rather than a small-cap trade.

Mr Price Group market facts

• Company: Mr Price Group Limited
• Ticker: MRP
• Primary exchange: JSE
• Primary exchange price: ZAc 16,773.00 (as of October 6, 2026, 10:47 a.m. SAST)
• Market capitalization: ZAR 43.1 billion (as of October 6, 2026)
• Sector / Industry: Consumer Cyclical / Apparel Retail