Morgan Stanley adjusts target to AUD 9.10 for Bendigo stock

Published on 10/27/2026 at 19:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thirteen analysts put the average target at AUD 10.22. Bendigo stock costs EUR 6.60 on October 27, 2026 at 7:50 p.m. CEST after hours.

Analyst target and reporting date

Morgan Stanley adjusted its Bendigo target to AUD 9.10 on October 20, 2026.
Thirteen analysts had an average target of AUD 10.22.
Bendigo stock costs EUR 6.60 at Lang & Schwarz on October 27, 2026 at 7:50 p.m. CEST.
The next reporting date is listed as November 12, 2026.

Bendigo, AU000000BEN6, Illustration mit AI erstellt.

Morgan Stanley adjusted its target for Bendigo and Adelaide Bank to AUD 9.10 on October 20, 2026, putting the analyst view below the latest ASX price. The adjustment is listed by MarketScreener. Bendigo stock was trading at EUR 6.60 at Lang & Schwarz on October 27, 2026 at 7:50 p.m. CEST.

Targets point below the ASX price

The target was AUD 9.10 against an ASX price of AUD 10.50 on October 27, 2026. That left the target 13.33 percent below the ASX price, a measurable gap for investors assessing the bank's valuation.

Markets Insider reported on October 18, 2026 that Citi maintained a Sell rating with an AUD 9.70 target. The same report cited a Moderate Sell consensus and an average target of AUD 10.20, while the MarketScreener page listed 13 analysts and an average target of AUD 10.22.

ASX range frames the valuation

Bendigo last traded at AUD 10.50 on the ASX on October 27, 2026 at 4:10 p.m. AEDT, down 0.19 percent from AUD 10.52. The 52-week range was AUD 9.81 to AUD 13.11, placing the price AUD 0.69 above the low and AUD 2.61 below the high.

The bank's market capitalization was AUD 6.1 billion, and its price-to-earnings ratio was 17.21 on October 27, 2026. Its trailing dividend yield was 6.00 percent, giving the income profile a larger numerical role than the target revisions alone.

Reporting date and peer comparison

MarketScreener's calendar listed November 12, 2026 as the next reporting date. The investor center describes the bank's reporting program as covering financial results, trading updates, annual reports and regulatory disclosures.

Comparison with peers

Bendigo: down 0.19 percent, price-to-earnings ratio 17.21, market capitalization AUD 6.1 billion.

Commonwealth Bank of Australia (ASX, AUD): down 0.72 percent, price-to-earnings ratio 24.93, market capitalization AUD 270.9 billion. National Australia Bank (ASX, AUD): down 1.73 percent, price-to-earnings ratio 20.98, market capitalization AUD 125.4 billion.

What the target gap means

The current valuation sits above the latest Morgan Stanley target but below the 52-week high. The next scheduled reporting date offers the next dated point for comparing earnings, capital and risk-remediation progress.

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