UBS keeps Hold on Ansell stock with AUD 38.70 target

Published on 10/05/2026 at 20:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ansell stock costs EUR 28.00 on October 5, 2026 versus EUR 27.60. Quarterly revenue was AUD 1.10 billion versus AUD 1.02 billion.

Ansell, AU000000ANN9, Illustration mit AI erstellt.

Ansell Limited (AU000000ANN9) was at EUR 28.00 at Lang & Schwarz after hours on October 5, 2026, up 1.45 percent versus the prior close of EUR 27.60. On October 5, 2026, Markets Insider reported that UBS analyst David Low maintained a Hold rating and set an AUD 38.70 price target.

UBS keeps a cautious stance

The UBS target remains below the current ASX quotation in Australian dollars, putting the analyst view at odds with Ansell's strong recent share performance. A separate Markets Insider report said Ord Minnett also maintained a Hold rating and set an AUD 40.00 target on October 4, 2026.

The two targets sit below the AUD 44.99 ASX price supplied for October 5, 2026, although they use a different trading venue and currency from the Lang & Schwarz reference price. That distinction matters because the euro quote is the relevant German-market indication, while the ASX figure provides the company's home-market context.

Revenue and profit provide support

For the quarter ending June 30, Ansell reported revenue of AUD 1.10 billion, up from AUD 1.02 billion in the comparable prior-year period, according to Markets Insider. Net profit for that quarter was AUD 118.09 million, compared with AUD 48.30 million a year earlier.

The operating profile is split between Healthcare and Industrial, with products spanning surgical, examination and cleanroom gloves as well as industrial hand and body protection. Ansell's scale gives the revenue comparison more weight, but the gap between the current ASX price and the cited analyst targets keeps valuation central to the debate.

Stock remains near its yearly high

Ansell trades on the Australian Securities Exchange under ticker ANN. The ASX price was AUD 44.99 on October 5, 2026, against a 52-week range of AUD 25.05 to AUD 45.27, leaving the quotation 0.62 percent below its yearly high.

At Lang & Schwarz, Ansell was trading at EUR 28.00 on October 5, 2026 at 8:05 p.m. CEST, after the Xetra session, with a plus 1.45 percent change versus the Lang & Schwarz prior close of EUR 27.60.