Morningstar sets an AUD 33.00 target for Ampol stock

Published on 10/20/2026 at 21:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine analysts set an AUD 43.94 average target on October 20, 2026. Ampol stock costs EUR 24.70 on October 20, 2026, with ASX shares down 6.22 percent.

Analyst target and earnings

Morningstar set an AUD 33.00 target for Ampol on October 19, 2026.
Ampol reported RCOP EBITDA of AUD 1.64 billion for the first half of 2026.
Ampol stock costs EUR 24.70 at Lang & Schwarz on October 20, 2026 at 9:10 p.m. CEST.
Annual 2026 results are scheduled for February 22, 2027.

Ampol, AU0000088338, Illustration mit AI erstellt.

Ampol Limited (ISIN AU0000088338) drew a fresh analyst valuation signal after Morningstar set an AUD 33.00 price target on October 19, 2026, according to MarketScreener. That target is 16.07 percent below Ampol's AUD 39.32 last price on the ASX on October 20, 2026. Ampol was trading at EUR 24.70 at Lang & Schwarz on October 20, 2026 at 9:10 p.m. CEST.

First-half earnings set the backdrop

The valuation call follows a powerful first-half earnings rebound. Ampol reported RCOP EBITDA of AUD 1.64 billion for the first half of 2026, up 152.00 percent from the comparable period, while RCOP net profit after tax rose to AUD 857.00 million from AUD 333.00 million, a 157.36 percent increase, according to Investing.com.

Stock stays below its yearly high

The ASX price stood 13.55 percent below Ampol's AUD 45.49 52-week high and 42.67 percent above its AUD 27.57 low on October 20, 2026. The same quote showed a market capitalization of AUD 9.4 billion, a price-to-earnings ratio of 6.39 and a trailing dividend yield of 6.00 percent.

What dates matter next?

Ampol's annual 2026 earnings release is scheduled for February 22, 2027, according to MarketScreener. The company's investor center identifies the 2026 half-year results as its latest results cycle and lists ASX announcements, reports and dividend information as key investor materials.

How Ampol compares with peers

Ampol's six-point-three-nine price-to-earnings ratio is below BP's 23.59 and Shell's 11.54. BP's market capitalization was USD 93.6 billion and Shell's was USD 221.9 billion on October 20, 2026, while Ampol's market value was AUD 9.4 billion. The currencies and listings differ, so the ratios are directional context rather than a direct valuation comparison.

Price and investor perspective

Ampol combines a strong first-half earnings comparison with a sharply lower Morningstar target of AUD 33.00. The next annual results date gives investors a defined checkpoint for testing whether refinery and fuel-market conditions are supporting the earnings rebound.

The stock was last at EUR 24.70 at Lang & Schwarz on October 20, 2026 at 9:10 p.m. CEST. On the ASX, it was last at AUD 39.32 on October 20, 2026, down 6.22 percent from the prior close. The further course of trading is shown by the continuously updated real-time quote of Ampol stock.