Citi keeps AUD 24.00 target for Coles stock

Published on 10/15/2026 at 22:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coles reaches its next sales update on October 30, 2026. Coles stock costs EUR 15.00 on October 15, 2026, up 2.71 percent on the ASX.

Scheduled sales update ahead

Citi maintained its AUD 24.00 Coles target in a September 28, 2026 report.
Coles will release its first-quarter sales update on October 30, 2026.
Coles stock costs EUR 15.00 at Lang & Schwarz on October 15, 2026 at 10:00 p.m. CEST, up 2.71 percent on the ASX.
Coles had an AUD 32.6 billion market capitalization on October 15, 2026.

Coles, AU0000030678, Illustration mit AI erstellt.

Citi maintained a Hold rating and an AUD 24.00 price target for Coles on September 28, 2026, according to TipRanks. The target sits 1.11 percent below the ASX price of AUD 24.27, while Coles stock was trading at EUR 15.00 at Lang & Schwarz on October 15, 2026 at 10:00 p.m. CEST, with the ASX session up 2.71 percent.

October 30 sales update

Coles will publish its first-quarter fiscal 2027 sales results on October 30, 2026, with the date listed on its Coles Group investor page. The update is the next scheduled operating checkpoint for a company whose fiscal 2026 revenue reached AUD 45.7 billion, up 2.8 percent from fiscal 2025, according to Simply Wall St.

Price near the yearly high

On the ASX, Coles closed at AUD 24.27 on October 15, 2026, after trading between AUD 23.69 and AUD 24.27, with volume of 6,286,660 shares. The 52-week range was AUD 20.10 to AUD 24.59, leaving the stock 1.30 percent below its high. That positioning makes the upcoming sales update more important for judging whether the recent advance can hold.

Valuation and upcoming dates

Coles had a market capitalization of AUD 32.6 billion on October 15, 2026, a price-to-earnings ratio of 29.96 and a dividend yield of 3.00 percent. The October 30 sales release is followed by the annual general meeting on November 6, 2026, according to the Coles Group investor calendar. Citi's AUD 24.00 target is below the latest ASX price, leaving the analyst view less optimistic than the current quotation.

Comparison with peers

Coles (ASX, AUD): plus 2.71 percent, P/E 29.96, market capitalization AUD 32.6 billion

Woolworths (ASX, AUD): plus 4.27 percent, P/E 44.87, market capitalization AUD 50.3 billion

Endeavour Group (ASX, AUD): plus 2.64 percent, P/E 103.67, market capitalization AUD 5.6 billion

Coles trading after hours

The euro quotation places Coles at EUR 15.00 at Lang & Schwarz on October 15, 2026 at 10:00 p.m. CEST, while the home-market close was AUD 24.27 on the ASX. The further course of trading is shown by the continuously updated real-time quote of Coles stock.