Forsyth Barr cuts target to NZD 12.45 for Summerset stock

Published on 10/15/2026 at 20:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales reached 415 on October 12, 2026, with year-to-date sales up 10.00 percent. Summerset stock costs EUR 3.31 on October 15, 2026.

Analyst target and company valuation

Forsyth Barr cut its Summerset target to NZD 12.45 on October 13, 2026.
Third-quarter occupation right sales reached 415 on October 12, 2026, while year-to-date sales rose 10.00 percent.
Summerset stock costs EUR 3.31 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST.
Market capitalization stood at NZD 1.7 billion on October 15, 2026.

SUM, NZSUME0001S0, Illustration mit AI erstellt.

Forsyth Barr cut its Summerset Group Holdings target to NZD 12.45 on October 13, 2026, according to TradingView. Against the NZD 6.75 NZX quote on October 15, 2026 at 5:00 p.m. NZDT, the target stood 84.44 percent higher. Summerset stock was trading at EUR 3.31 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST.

Half-year profit reached NZD 171.4 million

Summerset reported NZD 171.4 million of net profit after tax for the first half of 2026. Underlying profit was NZD 103.4 million, while total assets reached NZD 9.8 billion, according to the company's Summerset investor information. Cash flow from existing operations was NZD 31.0 million for the same half-year period.

Sales reached 1,228 in nine months

On October 12, 2026, The Motley Fool Australia reported 415 occupation right sales in the third quarter of 2026. Year-to-date sales reached 1,228, up 10.00 percent from the first nine months of 2025, while resales increased 27.00 percent year to date. The report also cited 240 resales and 175 new sales during the quarter.

NZD 1.7 billion market value

Summerset's market capitalization was NZD 1.7 billion on October 15, 2026. Its price-to-earnings ratio was 5.40, and the trailing dividend yield was 0.03 percent. The 52-week range was NZD 6.50 to NZD 12.80 on the same date, placing the NZD 6.75 NZX quote NZD 6.05 below the high.

The investor calendar lists December 31, 2026 as the full-year balance date, according to Summerset. The company operates retirement villages and aged-care facilities in New Zealand and Australia, with 45 villages complete or under construction.

Comparison with peers

Summerset (NZX, NZD): P/E 5.40, market capitalization NZD 1.7 billion
Ryman Healthcare (NZX, NZD): plus 1.70 percent, P/E minus 10.88, market capitalization NZD 1.8 billion
Oceania Healthcare (NZX, NZD): plus 0.77 percent, P/E 5,853.96, market capitalization NZD 474.4 million

Price position in euros

The euro quotation gives German investors a separate view of the New Zealand-listed company. The NZX quote was last at NZD 6.75 on October 15, 2026 at 5:00 p.m. NZDT, while the 52-week range remained NZD 6.50 to NZD 12.80. The Forsyth Barr target therefore sits 84.44 percent above that home-market price.

Summerset stock was trading at EUR 3.31 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Summerset Group Holdings stock.