BUZZ-Citi sees 'upside risk' in Australia's GPT Group's FY26 outlook after strong performance

Reuters
Jan 15
BUZZ-Citi sees 'upside risk' in Australia's <a href="https://laohu8.com/S/GPTGF">GPT Group</a>'s FY26 outlook after strong performance

** Citi says it 'anticipates upside risk' to GPT Group's GPT.AX FY25 results including FY26 outlook

** Brokerage says the diversified property firm outperformed sector in underlying operational performance across divisions, expects this to continue into February results and FY26

** Citi sees upside risk from structural, tax and financial improvements towards co's results, and potentially a higher growth outlook for FY26

** Sees upside risk in funds management and property management fees in co's results and FY26 outlook

** Rates stock 'buy', keeps target price at A$6

** 7 of 11 analysts rate the stock "buy" or higher and 4 "hold"; their median PT is A$5.93 – LSEG data

** GPT rose 24% in 2025

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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