Ord Minnett sets AUD 11.85 target for Challenger stock
Published on 10/15/2026 at 22:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and market position
- Ord Minnett set an AUD 11.85 target for Challenger on October 7, 2026.
- Fiscal 2026 net income reached AUD 505.60 million.
- Challenger stock costs EUR 6.00 at Lang & Schwarz on October 15, 2026 at 10:38 p.m. CEST.
- The next annual meeting is scheduled for October 29, 2026.
Ord Minnett set an AUD 11.85 price target for Challenger on October 7, 2026, while maintaining a Buy rating, according to Business Insider. Challenger shares closed at AUD 9.65 on the ASX on October 15, 2026, down 0.31 percent from the prior close. The euro quotation stood at EUR 6.00 at Lang & Schwarz on October 15, 2026 at 10:38 p.m. CEST.
Fiscal 2026 profit reached AUD 505.60 million
Challenger's latest full-year result provides the operating backdrop for the target. Investing.com reported net income of AUD 505.60 million for fiscal 2026, a period ending June 30, 2026, in its income-statement data.
Stock position on October 15
The ASX price of AUD 9.65 was AUD 1.20 below the 52-week high of AUD 10.85 and AUD 2.40 above the 52-week low of AUD 7.25. That places the stock 11.06 percent below the high and 33.10 percent above the low. Trading volume reached 2,478,376 shares against an average of 1,908,908.
The same session's range ran from AUD 9.43 to AUD 9.70. Challenger's price was therefore AUD 0.05 below the session high and AUD 0.22 above the session low.
Valuation and October 29 AGM
Challenger had a market capitalization of AUD 6.6 billion, a trailing P/E ratio of 13.99 and a dividend yield of 0.03 percent as of October 15, 2026. The next scheduled corporate date is the annual general meeting on October 29, 2026, listed by Smallcapdata.
Comparison with peers
Challenger (ASX, AUD): minus 0.31 percent, P/E 13.99, market capitalization AUD 6.6 billion.
AMP (ASX, AUD): 0.00 percent, P/E 32.61, market capitalization AUD 5.8 billion.
Magellan Financial Group (ASX, AUD): minus 1.06 percent, P/E 16.90, market capitalization AUD 2.5 billion.
What the euro quote shows
For German-market readers, the Lang & Schwarz quotation offers a separate euro view of Challenger's trading level. Its EUR 6.00 price is dated October 15, 2026 and carries the 10:38 p.m. CEST timestamp, while the home-market figures above remain in Australian dollars.
The further course of trading is shown by the continuously updated real-time quote of Challenger stock.
Challenger stock facts
- Company: Challenger Limited
- ISIN: AU000000CGF5
- Ticker: CGF
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 15, 2026, 10:38 p.m. CEST): EUR 6.00
- Market capitalization: AUD 6.6 billion (as of October 15, 2026)
- 52-week range: AUD 7.25-10.85 (as of October 15, 2026)
- Sector / Industry: Financial Services / Insurance - Life
Market context: Market report S&P ASX 200.
