Five-analyst AUD 2.60 target leaves Growthpoint stock 35.42 percent below

Five analysts maintained an AUD 2.60 consensus target for Growthpoint Properties Australia on October 16, 2026, leaving the stock 35.42 percent below that level. Simply Wall St reported the unchanged consensus target and five-analyst coverage. Growthpoint stock closed at AUD 1.92 on October 16, 2026 at 4:10 p.m. AEST, down 0.78 percent versus the ASX previous close of AUD 1.94.

Fiscal 2026 profit returns

Growthpoint’s latest reported year produced a sharp statutory recovery. According to Kapitales Research on September 25, 2026, revenue and other ordinary income totaled AUD 331.2 million in fiscal 2026, versus AUD 331.3 million in fiscal 2025. Net profit attributable to securityholders reached AUD 90.1 million, compared with a AUD 124.6 million loss in fiscal 2025.

Funds from operations rose 0.90 percent to AUD 177.6 million in fiscal 2026, while ordinary distributions were AUD 0.184 per security. The operating figures give the consensus target a more concrete base than the share price alone, although the income recovery followed a prior valuation-loss period.

Price position on ASX

The October 16 closing price sat inside the AUD 1.83 to AUD 2.68 52-week range. That places the stock 28.36 percent below its 52-week high and 4.92 percent above its 52-week low. The session volume was 403,344 securities, below the 514,427 average volume.

Valuation and November date

Growthpoint’s market capitalization was AUD 1.4 billion, with a P/E ratio of 16.13 and a trailing dividend yield of 10.00 percent as of October 16, 2026. The next scheduled corporate date is the annual general meeting on November 11, 2026, according to Simply Wall St.

Comparison with peers

Growthpoint Properties Australia (ASX, AUD): minus 0.78 percent, P/E 16.13, market capitalization AUD 1.4 billion

Dexus (ASX, AUD): plus 0.35 percent, P/E 12.93, market capitalization AUD 6.1 billion

Charter Hall Retail REIT (ASX, AUD): minus 1.14 percent, P/E 5.18, market capitalization AUD 2.0 billion

The next trading marker

The November 11 meeting is the next dated event for shareholders, while the AUD 2.60 consensus target remains the clearest valuation reference in current coverage. The latest annual figures show a return to profit, but the stock’s 0.78 percent daily decline keeps attention on the gap between operating recovery and market valuation.

Growthpoint stock closed at AUD 1.92 on October 16, 2026 at 4:10 p.m. AEST, down 0.78 percent versus the ASX previous close of AUD 1.94.