Buy rating puts NZD 13.30 target on Summerset stock

Published on 10/17/2026 at 20:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached NZD 200.25 million in the second quarter of 2026. Summerset stock last stood at NZD 6.90 on October 16, 2026, up 2.22 percent on NZX.

Target, results and calendar

A market report on October 16, 2026 cited a NZD 13.30 analyst target.
Second-quarter 2026 revenue reached NZD 200.25 million.
Summerset stock was last at NZD 6.90 at 4:59 p.m. NZDT on October 16, 2026, up 2.22 percent on the NZX.
The next earnings report is scheduled for February 24, 2027.

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A market report dated October 16, 2026 cited a NZD 13.30 target and a Buy rating for Summerset Group Holdings. Against the NZD 6.90 last price on October 16, 2026, the target lies 92.75 percent above the stock. The price was last at NZD 6.90 at 4:59 p.m. NZDT on October 16, 2026, up 2.22 percent on the NZX versus the prior close of NZD 6.75.

Target remains the main valuation marker

The NZD 13.30 target came alongside the most recent Buy rating cited by The Globe and Mail on October 16, 2026. The comparison is substantial: the target is NZD 6.40 above the latest NZX price, equivalent to 92.75 percent upside calculated in New Zealand dollars. The article did not provide an older target for comparison.

Second-quarter figures add operating context

Summerset reported NZD 200.25 million of revenue and NZD 171.44 million of net income for the second quarter of 2026, compared with NZD 188.34 million of revenue and NZD 132.54 million of net income in the preceding reported quarter. Investing.com listed the period as ending June 2026 and reported earnings per share of NZD 0.70. The figures show why the target discussion is being weighed against operating performance rather than the price move alone.

Range and valuation levels

The 52-week NZX range is NZD 6.50 to NZD 12.80. The latest price therefore stands NZD 0.40, or 6.15 percent, above the low and NZD 5.90, or 46.09 percent, below the high. Summerset's market capitalization is NZD 1.7 billion, while its price-to-earnings ratio is 5.52 and its trailing dividend yield is 2.00 percent.

Results date is February 24

The next earnings report is listed for February 24, 2027, by TradingView. The latest half-year review, published for the six months ended June 30, 2026, also included delivery guidance of 700 to 800 homes for fiscal year 2026, according to Kapitales on September 25, 2026.

Price and investor perspective

Summerset develops and operates retirement communities in New Zealand and Australia. Its latest market capitalization, earnings multiple and dividend yield place the NZX-listed stock in a valuation frame that can be reassessed when the February results arrive. The stock was last at NZD 6.90 at 4:59 p.m. NZDT on October 16, 2026, up 2.22 percent on the NZX versus the prior close of NZD 6.75.