Citi keeps AUD 0.80 target for Beach Energy stock
Published on 10/17/2026 at 22:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and annual meeting
- Citi maintained a Sell rating and an AUD 0.80 target on October 12, 2026.
- Beach Energy will hold its annual meeting on November 11, 2026.
- Beach Energy stock last traded at AUD 0.87 on October 16, 2026, down 0.57 percent versus the ASX prior close.
- Beach Energy had a market capitalization of AUD 2.0 billion and a price-to-earnings ratio of 7.07.
Beach Energy stock closed its latest completed Australian session at AUD 0.87 on October 16, 2026, down 0.57 percent from the ASX prior close. The main investor reference is a fresh analyst target: Markets Insider reported on October 12, 2026 that Citi maintained a Sell rating and an AUD 0.80 target, placing the target 8.05 percent below the latest ASX price.
Citi target sets the tone
The AUD 0.80 target is below the AUD 0.87 closing price, while the published rating remains Sell. The same report cited an analyst consensus of Hold with an average target of AUD 0.92, but that consensus is based on a broader group than Citi's individual view.
Annual meeting comes next
Beach Energy's next dated corporate event is its annual general meeting on November 11, 2026. FinancialFilings reported that the meeting will take place at the Adelaide Convention Centre, with shareholder questions due by November 4, 2026.
Price sits inside yearly range
The latest ASX price of AUD 0.87 sits within the 52-week range of AUD 0.81 to AUD 1.34. Trading volume reached 6,768,347 shares, compared with an average volume of 11,036,324 shares, making the latest session volume 38.67 percent below that average.
Valuation and business profile
Beach Energy had a market capitalization of AUD 2.0 billion, a price-to-earnings ratio of 7.07 and a dividend yield of 3.00 percent in the latest market snapshot. The Adelaide-based energy company explores and produces oil and natural gas across Australian and New Zealand basins.
Comparison with peers
Beach: minus 0.57 percent, P/E 7.07, market capitalization AUD 2.0 billion
Santos (ASX, AUD): minus 0.87 percent, P/E 27.53, market capitalization AUD 29.5 billion
Woodside Energy (ASX, AUD): minus 0.66 percent, P/E 14.30, market capitalization AUD 62.8 billion
The next dated marker
The last completed ASX session left Beach Energy at AUD 0.87 on October 16, 2026 at 4:10 p.m. AEDT, down 0.57 percent versus the ASX prior close.
Beach Energy market data
- Company: Beach Energy Limited
- ISIN: AU000000BPT9
- Ticker: BPT
- Primary exchange: ASX
- Price ASX as of October 16, 2026, 4:10 p.m. AEDT: AUD 0.87
- Change versus the ASX prior close: minus 0.57 percent
- Market capitalization: AUD 2.0 billion
- 52-week range: AUD 0.81-1.34
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P/ASX 200.
