Australia's GPT Group rises as Citi sees upside risk to FY26 outlook

GPT

14/01/2026 23:40

Updates

** Shares of Australia's GPT Group GPT.AX rise as much as 1.7% to A$5.51

** Citi says it anticipates upside risk to the diversified property firm's FY25 results and FY26 outlook

** Brokerage says co 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 FY25 results, and potentially higher growth outlook for FY26

** Sees upside risk in funds management and property management fees in FY25 results and FY26 outlook

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

** Seven of 11 analysts rate the stock "buy" or higher and four "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))