Bendigo and Adelaide Bank (ASX:BEN): What Does the Current Hold Consensus Reflect?

Aditi Sarkar

08 October 2026 01:02 AM AEDT

Bendigo and Adelaide Bank (ASX:BEN): What Does the Current Hold Consensus Reflect?

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Key Highlights

Bendigo and Adelaide Bank (ASX:BEN) is priced at AUD 10.23, compared with a mean analyst target of AUD 10.41455.
The mean target represents approximately 1.80% implied upside, while the consensus label is Hold.
Analyst targets range from AUD 9.00 to AUD 11.50, with 12 analysts represented in the FY1 dataset.
The recommendation mix includes 2 Buy, 7 Hold, 2 Sell and 1 Strong Sell ratings, with no Strong Buy ratings.

For investors following Bendigo and Adelaide Bank (ASX:BEN), the current analyst picture is relatively close to the market price. The stock is priced at AUD 10.23, compared with a mean analyst target of AUD 10.41455, implying about 1.80% upside. The consensus label is Hold, while the target range spans AUD 9.00 to AUD 11.50. The broader assessment also depends on lending conditions, deposit competition, Credit quality and how the bank balances growth across consumer, Business and agribusiness banking.

Company	Bendigo and Adelaide Bank
Ticker	BEN
Exchange	ASX
Current share price	AUD 10.23
Price date	8 October 2026
Consensus analyst price target	AUD 10.41455
Highest target	AUD 11.50
Lowest target	AUD 9.00
Number of analysts	12
Rating consensus	Hold
Implied upside/downside	1.80% upside
Research date	8 October 2026

Company Business

Bendigo and Adelaide Bank (ASX:BEN) is an Australian banking and financial services group providing consumer, residential, business, rural and commercial lending, deposit products, payments, Wealth services, margin lending, treasury and foreign-exchange services. Its Consumer division includes the branch network, Up digital bank, mobile relationship managers, third-party banking channels, wealth services, cards and payments, HomeSafe and customer-support functions. Business and Agribusiness activities serve commercial, business and farming customers, while corporate functions include treasury, technology, property, finance and risk.

Analyst Views and Valuation

The Hold consensus is based on 12 analyst recommendations. The mean target of AUD 10.41455 is about 1.80% above the AUD 10.23 reference price. The target range extends from AUD 9.00 to AUD 11.50. The recommendation distribution comprises 2 Buy, 7 Hold, 2 Sell and 1 Strong Sell ratings, with no Strong Buy ratings. Bendigo and Adelaide Bank (ASX:BEN) also has FY1 EPS estimates ranging from AUD 0.64 to AUD 0.97, with a mean of AUD 0.78.

Sector Context

Banks are influenced by lending growth, funding costs, deposit competition, credit quality and interest-rate settings. For Bendigo and Adelaide Bank, these factors can affect net interest income, Loan Demand and customer behaviour across consumer, business and agribusiness portfolios. The supplied market data show a 14-day RSI of 45.09, a MACD Line 2 reading of 0.01 and a Parabolic SAR of AUD 10.38. The 20-day SMA is AUD 10.29, compared with AUD 10.60 for the 50-day SMA.

Risks to Consider

Bendigo and Adelaide Bank (ASX:BEN) faces risks from slower credit growth, higher funding costs, Mortgage and business-loan competition, and deterioration in borrower credit quality. The supplied DMI readings show the positive directional indicator at 0.13 and the negative indicator at 0.203140292, but technical indicators describe recent trading conditions rather than future operating performance. Analyst targets can also change as Earnings assumptions and banking conditions evolve.

What to Watch Next

Future updates from Bendigo and Adelaide Bank (ASX:BEN) can be assessed for lending momentum, deposits, margins, arrears, credit losses and business-banking activity. The supplied expected FQ1 report date is 14 February 2027. Later analyst revisions can be compared with the current AUD 10.41455 mean target and Hold consensus, while the supplied Dividend Yield of 8.81% provides additional context on the current data snapshot.

FAQs

Q: What is the analyst rating for Bendigo and Adelaide Bank (ASX:BEN)?

A:The consensus label is Hold, based on 12 analyst recommendations in the supplied dataset.

Q: What is the implied upside for BEN?

A:At AUD 10.23 against the mean target of AUD 10.41455, the implied upside is approximately 1.80%.

Q: What is the analyst target range for Bendigo and Adelaide Bank?

A:The supplied targets range from AUD 9.00 at the low end to AUD 11.50 at the high end.

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