Macquarie sets AUD 4.75 target for Reliance Worldwide stock

Published on 10/20/2026 at 19:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June-quarter revenue was AUD 650.79 million and GAAP net loss was AUD 36.92 million. Reliance Worldwide stock costs EUR 2.82 on October 20, 2026.

Analyst target and reporting date

Macquarie set an AUD 4.75 target and maintained a Hold rating on October 18, 2026.
June-quarter revenue was AUD 650.79 million and GAAP net loss was AUD 36.92 million.
Reliance Worldwide stock costs EUR 2.82 at Lang & Schwarz on October 20, 2026 at 7:12 p.m. CEST.
The annual general meeting is scheduled for October 23, 2026.

Reliance, AU000000RWC7, Illustration mit AI erstellt.

Reliance Worldwide Corporation (AU000000RWC7) drew a fresh Macquarie Hold rating with an AUD 4.75 price target on October 18, 2026, while its latest quarter showed AUD 650.79 million in revenue and a GAAP net loss of AUD 36.92 million. According to Markets Insider, Macquarie maintained its Hold rating and set the target at AUD 4.75. The stock was trading at EUR 2.82 at Lang & Schwarz on October 20, 2026 at 7:12 p.m. CEST.

Macquarie leaves limited upside

The Macquarie target sits above Reliance Worldwide's ASX price of AUD 4.52 on October 20, 2026, a difference of AUD 0.23. That equals 5.09 percent above the ASX price. The analyst consensus listed by MarketScreener was Hold with 14 analysts and an average target of AUD 4.755.

Revenue rose as loss widened

For the quarter ended June 30, 2026, Reliance Worldwide reported revenue of AUD 650.79 million and a GAAP net loss of AUD 36.92 million. The comparable period had revenue of AUD 317.64 million and a net profit of AUD 28.77 million, according to Markets Insider. The revenue comparison represents growth of 104.97 percent, while the earnings figures moved from profit to loss.

Range and valuation frame the stock

Reliance Worldwide's ASX range was AUD 2.86 to AUD 4.79 on October 20, 2026. The market capitalization was AUD 3.4 billion, the price-to-earnings ratio was 256.83, and the dividend yield was 0.01 percent. The stock was up 17.10 percent from the start of 2026, while its October 20 price stood AUD 0.27 below the 52-week high.

What comes next for shareholders?

The annual general meeting is scheduled for October 23, 2026, according to SmallCapData. The meeting gives investors a dated corporate checkpoint after the latest analyst view and quarterly figures. Reliance Worldwide designs and supplies plumbing and water-control products through brands including SharkBite, JG Speedfit and HoldRite.

Stock stays near its yearly high

The combination of a 5.09 percent target premium and a price near the AUD 4.79 yearly high leaves execution and earnings quality central to the valuation discussion. Reliance Worldwide stock was trading at EUR 2.82 at Lang & Schwarz on October 20, 2026 at 7:12 p.m. CEST.

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