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Highlights
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Jefferies analyst Simon Fitzgerald and Canaccord’s Allan Franklin both reaffirmed a Buy rating for Credit Corp Group.
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E&P’s Olivier Coulon issued a Positive recommendation with a target price of AUD 26.62, implying nearly 53% upside.
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Macquarie Research maintained a Neutral stance, setting a target of AUD 18.23, reflecting a modest 4.77% upside.
Credit Corp Group Ltd (ASX:CCP) has attracted a wave of positive analyst sentiment following its FY2025 results and a promising outlook for FY2026, driven by its performance across both its US debt buying and Australian consumer lending segments.
Analysts from leading financial institutions have issued or reiterated recommendations, with most tilting bullish, likely to be supported by a recovery in net profit and a record U.S. investment pipeline.
Jefferies analyst Simon Fitzgerald issued a Buy rating, maintaining a price target of AUD 19.65, suggesting a 12.93% upside from the current trading level. Canaccord Genuity’s Allan Franklin echoed this optimism, also placing a Buy recommendation with a target of AUD 21.60, implying an upside of 24.14%.
E&P’s Olivier Coulon provided the most aggressive price target of AUD 26.62, accompanied by a Positive rating. This projection indicates a potential 52.99% return based on recent prices, reflecting high confidence in Credit Corp’s operational recovery, especially in its U.S. segment.
However, Macquarie Research analyst Tim Lawson, CFA, adopted a Neutral stance, assigning a more conservative price target of AUD 18.23. This implies a more modest upside of 4.77%.
As of the latest update, the consensus rating for Credit Corp stands at 1.83 – Buy, with an average target price of AUD 21.52, representing a 22.62% potential upside.
This surge in analyst attention follows Credit Corp’s FY2025 NPAT of AUD 94.1 million, which marked a 16% increase over the prior year. The result was driven by a 31% growth in the consumer lending segment’s NPAT and a record US investment pipeline of AUD 164 million. These achievements have laid the foundation for an FY2026 NPAT guidance range of AUD 100–110 million, indicating an anticipated 12% growth at the midpoint.
In the US market, improved operational performance led to a 12% increase in ledger collections and 28% productivity growth, while the company diversified its purchasing strategy by focusing on lower balance credit card receivables. Meanwhile, in Australia and New Zealand, the consumer lending book grew 5% to a record AUD 466 million, with stable arrears and loss rates.
Looking ahead, Credit Corp plans to expand its lending operations into the UK market in FY2026 and is scaling up product offerings with the rollout of the Wizit digital credit card, aiming to capture a broader segment of credit consumers.
While AU/NZ debt buying remains subdued due to post-COVID volume constraints.
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