Citi keeps AUD 165.00 target for REA Group stock on October 16
Published on 10/17/2026 at 21:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and annual date
- Citi maintained a Hold rating and an AUD 165.00 target on October 13, 2026.
- Fiscal 2026 revenue rose 7.00 percent to AUD 1.79 billion.
- REA Group stock was last at AUD 161.42 on October 16, 2026, down 3.13 percent versus the prior close.
- REA Group will hold its Investor Day on October 23, 2026.
Citi maintained a Hold rating and an AUD 165.00 price target for REA Group on October 13, 2026, according to Markets Insider. The target stands 2.22 percent above the last ASX price of AUD 161.42 on October 16, 2026 at 4:10 p.m. AEDT, while the stock was down 3.13 percent from the prior close.
Revenue growth sets the baseline
REA Group's fiscal 2026 revenue rose 7.00 percent to AUD 1.79 billion, while core net profit after tax increased 15.00 percent to AUD 650.00 million. The figures came from the company's October 8, 2026 annual meeting materials carried by FinancialFilings. Reported net profit after tax was AUD 552.00 million, down 19.00 percent because the core figure excludes significant non-recurring items.
Price position after October 16
The ASX quote placed REA Group at AUD 161.42, compared with a previous close of AUD 156.52. Its fiscal-year trading range ran from AUD 131.07 to AUD 226.00, leaving the last price 28.58 percent below the high and 23.14 percent above the low. The shares also remained 24.00 percent below the AUD 213.00 level cited in the company's earlier market materials.
Valuation and the next date
REA Group's market capitalization was AUD 21.1 billion, with a price-to-earnings ratio of 38.53 and a trailing dividend yield of 0.02 percent as of October 16, 2026. The company will host an Investor Day on October 23, 2026, in Sydney, where management plans to discuss strategic priorities and growth drivers, as reported by Morningstar.
Comparison with peers
REA Group: minus 3.13 percent, P/E 38.53, market capitalization AUD 21.1 billion
Zillow Group (Nasdaq, USD): minus 1.70 percent, P/E 144.32, market capitalization USD 7.2 billion
S&P/ASX 200: plus 0.90 percent, index level 8,806.70
What investors can measure next
The October 23 Investor Day is the next dated company event, while the valuation contrast with Zillow Group and the broader ASX benchmark puts REA Group's recent move into perspective. The last available price was AUD 161.42 on the ASX on October 16, 2026 at 4:10 p.m. AEDT, down 3.13 percent versus the prior close of AUD 156.52.
REA Group stock facts
- Company: REA Group Limited
- ISIN: AU000000REA9
- Ticker: REA
- Primary exchange: ASX
- Last price on ASX as of October 16, 2026, 4:10 p.m. AEDT: AUD 161.42
- Change versus prior close: minus 3.13 percent
- Previous close: AUD 156.52
- Market capitalization: AUD 21.1 billion as of October 16, 2026
- 52-week range: AUD 131.07-AUD 226.00
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report S&P/ASX 200.
