CLSA sets AUD 8.10 target for Downer stock at 17.73 percent above price

Published on 10/15/2026 at 20:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Work-in-hand reached AUD 38.5 billion in fiscal year 2026. Downer stock costs EUR 4.26 on October 15, 2026, up 0.58 percent on the ASX.

Analyst target and market data

CLSA maintained an AUD 8.10 target for Downer on October 6, 2026.
Downer's work-in-hand reached AUD 38.5 billion in fiscal year 2026.
Downer stock costs EUR 4.26 at Lang & Schwarz on October 15, 2026 at 8:48 p.m. CEST, with the ASX up 0.58 percent that day.
Downer's annual general meeting is scheduled for November 11, 2026, while its price-to-earnings ratio is 20.85.

Downer, AU000000DOW2, Illustration mit AI erstellt.

CLSA maintained a Buy rating and an AUD 8.10 target for Downer on October 6, 2026, according to Investing.com. Against the ASX price of AUD 6.88 on October 15, 2026, the target stands 17.73 percent higher. At Lang & Schwarz, the stock was trading at EUR 4.26 on October 15, 2026 at 8:48 p.m. CEST, while the ASX price was up 0.58 percent.

Work-in-hand reached AUD 38.5 billion

Downer's operating backlog provides the strongest company-specific counterweight to the target discussion. In fiscal year 2026, work-in-hand expanded 9.70 percent to AUD 38.5 billion, according to Kapitales. The same report said statutory net profit after tax rose 51.20 percent to AUD 225.4 million, while underlying EBITA increased 6.10 percent to AUD 502.9 million.

EUR 4.26 price and range

On the ASX, Downer was last at AUD 6.88 at 3:10 p.m. AEDT on October 15, 2026. The finance snapshot puts the 52-week range at AUD 6.25 to AUD 8.65, leaving the latest ASX price AUD 1.77 below the high and AUD 0.63 above the low. Trading volume was 2,626,320 shares against an average of 2,073,551.

Valuation and November meeting

Downer had a market capitalization of AUD 4.5 billion on October 15, 2026. Its price-to-earnings ratio was 20.85 and its dividend yield was 4.00 percent. Simply Wall St lists Downer's annual general meeting for November 11, 2026.

Comparison with peers

Downer (ASX, AUD): plus 0.58 percent, P/E 20.85, market capitalization AUD 4.5 billion
Transurban Group (ASX, AUD): plus 1.87 percent, P/E 115.66, market capitalization AUD 42.4 billion
Ventia Services Group (ASX, AUD): minus 0.85 percent, P/E 18.90, market capitalization AUD 4.8 billion

Market position stays mixed

Downer's valuation sits between the two selected infrastructure peers on the reported price-to-earnings measure. Its 4.00 percent dividend yield is also a separate valuation reference, while the November meeting supplies the next dated corporate event.

The further course of trading is shown by the continuously updated real-time quote of Downer stock.