Jefferies keeps AUD 7.50 target for GrainCorp stock

Published on 10/17/2026 at 20:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 5.10 percent to AUD 3.88 billion in 2026. GrainCorp stock stood at AUD 6.49 on October 16, 2026, unchanged versus ASX close.

Analyst target and reporting date

Jefferies maintained an AUD 7.50 target for GrainCorp on September 21, 2026.
First-half 2026 revenue fell 5.10 percent to AUD 3.88 billion.
GrainCorp stock was last at AUD 6.49 on October 16, 2026 at 4:11 p.m. AEDT, unchanged versus the ASX prior close.
GrainCorp's next results are scheduled for November 12, 2026, with market capitalization at AUD 1.4 billion.

Graincorp, AU000000GNC9, Illustration mit AI erstellt.

On September 21, 2026, Jefferies maintained its buy recommendation on GrainCorp and an AUD 7.50 price target, according to Finwires. That target stood 15.56 percent above the last AUD 6.49 quote. GrainCorp was last at AUD 6.49 on October 16, 2026 at 4:11 p.m. AEDT, unchanged versus the ASX prior close.

First-half revenue fell 5.10 percent

The latest reported interim figures show a weaker earnings base. According to Simply Wall St, first-half 2026 revenue fell 5.10 percent to AUD 3.88 billion from the prior-year period. Net income fell 92.00 percent to AUD 4.60 million, while earnings per share declined to AUD 0.02 from AUD 0.26.

The stock sits below its yearly high

GrainCorp's AUD 6.49 quote stood 27.89 percent below its AUD 9.00 52-week high and 38.38 percent above its AUD 4.69 low on October 16, 2026. The stock was down 25.14 percent over one year, while volume was 814,588 shares against an average of 1,668,664 shares.

The company had reported first-half results earlier in 2026 and retained its full-year underlying EBITDA guidance of AUD 200 million to AUD 240 million, according to Simply Wall St.

Valuation and November reporting date

GrainCorp had a market capitalization of AUD 1.4 billion, a price-to-earnings ratio of minus 103.02 and a dividend yield of 6.00 percent as of October 16, 2026. Yahoo Finance lists November 12, 2026 as the next earnings date.

Comparison with peers

GrainCorp (ASX, AUD): price-to-earnings ratio minus 103.02, market capitalization AUD 1.4 billion.

Elders (ASX, AUD): minus 0.16 percent, price-to-earnings ratio 22.51, market capitalization AUD 1.3 billion.

S&P/ASX 200 (ASX, AUD): plus 0.90 percent, index level 8,806.70.

Price remains below the yearly high

For investors, the contrast is clear: the analyst target sits above the latest quote, while the reported first-half figures show pressure on revenue and profit. GrainCorp operates grain handling, processing, nutrition and energy businesses across Australia and international markets.

GrainCorp was last at AUD 6.49 on the ASX on October 16, 2026 at 4:11 p.m. AEDT, with no change versus the prior close.