Jarden cuts target to AUD 2.00 for Mirvac stock

Published on 10/15/2026 at 18:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mirvac's next AGM is on November 17, 2026. Mirvac stock costs EUR 1.13 on October 15, 2026 at 6:44 p.m. CEST, up 0.55 percent on the ASX.

Analyst view and market position

On October 15, 2026, Jarden lowered its Mirvac target to AUD 2.00 from AUD 2.28.
Mirvac's next annual general meeting is scheduled for November 17, 2026.
Mirvac stock costs EUR 1.13 at Lang & Schwarz on October 15, 2026 at 6:44 p.m. CEST, up 0.55 percent on the ASX.
Mirvac's price-to-earnings ratio was 10.67 on October 15, 2026.

Mirvac, AU000000MGR9, Illustration mit AI erstellt.

Jarden cut its target for Mirvac Group from AUD 2.28 to AUD 2.00 on October 15, 2026, according to FNArena. The new target stood 9.29 percent above Mirvac's last ASX quote of AUD 1.83. Mirvac stock was at EUR 1.13 at Lang & Schwarz on October 15, 2026 at 6:44 p.m. CEST, with the ASX session showing a plus 0.55 percent move.

Jarden lowers the target

Jarden also downgraded Mirvac from Buy to Overweight, citing expectations of moderating sales, lower residential developer and funds-management forecasts, and weaker property valuations. The broker reduced its risk-free-rate assumption from 4.40 percent to 5.10 percent and lifted its capitalization-rate assumption from 5.90 percent to 6.20 percent, according to FNArena.

Annual meeting has a date

Mirvac's next annual general and general meetings are scheduled for November 17, 2026, at 10:00 a.m. AEDT. The date appears on the company's Investor Centre. The event gives securityholders a scheduled governance date after the latest broker review.

Stock position and valuation

Mirvac last stood at AUD 1.83 on the ASX on October 15, 2026, versus AUD 1.82 previously. Its 52-week range was AUD 1.61 to AUD 2.46 on the same date, placing the quote 25.61 percent below the high and 13.66 percent above the low. Year-to-date performance was minus 7.72 percent, while average trading volume was 13,412,261 shares.

Market capitalization was AUD 7.1 billion, the price-to-earnings ratio was 10.67, and the dividend yield was 5.00 percent on October 15, 2026. The next scheduled company date is the November 17, 2026 annual meeting, while Jarden's AUD 2.00 target remains the latest dated broker figure used here.

Comparison with peers

Mirvac (ASX, AUD): plus 0.55 percent, P/E 10.67, market capitalization AUD 7.1 billion
Charter Hall Group (ASX, AUD): plus 0.65 percent, P/E 25.41, market capitalization AUD 8.8 billion
Stockland (ASX, AUD): plus 1.92 percent, P/E 10.34, market capitalization AUD 10.3 billion

Price after the Xetra close

For German investors, the euro quotation places Mirvac at EUR 1.13 at Lang & Schwarz on October 15, 2026 at 6:44 p.m. CEST. The primary ASX listing last stood at AUD 1.83 on October 15, 2026, up 0.55 percent from AUD 1.82.

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