Westpac Banking Corporation (ASX:WBC)
Australia · Delayed Price · Currency is AUD 36.00
+0.08 (0.22%)
May 29, 2026, 4:16 PM AEST
Westpac Banking Stock Forecast
Stock Price Forecast
The 8 analysts that cover Westpac Banking stock have a consensus rating of "Sell" and an average price target of $34.96, which forecasts a -2.89% decrease in the stock price over the next year. The lowest target is $31.00 and the highest is $40.00.
Price Target: $34.96 (-2.89%)
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Westpac Banking stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 6 | 5 | 5 | 5 |
| Sell | 3 | 3 | 4 | 5 | 4 | 4 |
| Strong Sell | 5 | 5 | 3 | 4 | 5 | 5 |
| Total | 14 | 14 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Hold Maintains $39.00 | Hold | Maintains | $39.00 | +8.33% | May 25, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $34.00 | Sell | Maintains | $34.00 | -5.56% | May 22, 2026 |
| J.P. Morgan | J.P. Morgan | Sell Maintains $37.30 → $35.90 | Sell | Maintains | $37.30 → $35.90 | -0.28% | May 7, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Sell Maintains $31.00 | Sell | Maintains | $31.00 | -13.89% | May 6, 2026 |
| Jarden | Jarden | Sell Maintains $32.00 → $31.00 | Sell | Maintains | $32.00 → $31.00 | -13.89% | May 5, 2026 |
Sources: Price targets and consensus ratings provided by TipRanks. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.