In an October 2, 2026 report, The Motley Fool Australia highlighted five ASX 200 shares with broker price targets implying 25% to 77% upside from their share prices that day: Goodman Group, WiseTech Global, Minerals 260, Mineral Resources and REA Group. Those percentages are dated target comparisons—not forecasts of guaranteed returns or current recommendations. Share prices and broker views can change.
What the October 2 report said about the market
The Motley Fool Australia reported the S&P/ASX 200 at 8,668.6 points, up 0.6% on Friday, October 2, 2026. The article said the index had fallen to a four-month low the preceding day amid falling oil prices and rising bond yields. It also described expectations of a rate rise the following month as having cooled, while many experts expected a hike in the first quarter of FY27. These are market-context claims from that dated article, not a current market update.
Five shares and their reported broker targets
The table reproduces the broker calls, targets, same-day share prices and implied upside reported by The Motley Fool Australia on October 2, 2026. The article’s underlying broker notes were not independently verified, so these should be read as broker views reported by that publisher.
| Company | Ticker and exposure | Broker call as reported | October 2 share price | Price target | Implied upside |
|---|---|---|---|---|---|
| Goodman Group | GMG; property | Citi reiterated buy | A$25.86 | A$40 | 54% |
| WiseTech Global Ltd | WTC; technology | Citi renewed buy | A$33.08 | A$58.75 | 77% |
| Minerals 260 Ltd | MI6; gold development | Bell Potter reaffirmed speculative buy; 12-month target | A$0.87 | A$1.40 | 67% |
| Mineral Resources Ltd | MIN; mining | UBS renewed buy | A$50.89 | A$74 | 45% |
| REA Group Ltd | REA; online property classifieds | Jefferies reiterated buy | A$154.62 | A$194 | 25% |
The upside percentages are the article’s target-derived estimates using the share prices it reported for October 2, 2026. They are not total-return projections: the report does not establish what an investor would earn after dividends, fees, taxes or subsequent price movements.
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How to interpret the five calls
- Goodman Group: Citi’s reported A$40 target was 54% above the article’s A$25.86 share-price snapshot. The report says Goodman shares were down 1% over the preceding six months.
- WiseTech Global: Citi’s reported A$58.75 target implied 77% upside from A$33.08, the largest percentage in the group. The article reported the shares down 13% over six months.
- Minerals 260: Bell Potter’s reported A$1.40 12-month target implied 67% upside from A$0.87. The call was specifically a “speculative buy,” tied to a development-stage gold project.
- Mineral Resources: UBS’s reported A$74 target implied 45% upside from A$50.89. The article said the shares were down 3% over the preceding six months.
- REA Group: Jefferies’ reported A$194 target implied 25% upside from A$154.62. The article described its shares as having traded steady over the preceding six months.
The largest implied upside does not establish the best value or the lowest risk. The report offers project-specific commentary for Minerals 260, but not comparable fundamental analysis across all five companies, so its target percentages alone are not a like-for-like assessment of business quality or investment risk.
Why Minerals 260 was described as speculative
The Motley Fool Australia quoted analyst David Coates in connection with Minerals 260’s 100%-owned Bullabulling Gold Project, which the article places 25 km west of Coolgardie, Western Australia. Coates said:
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MI6 has released an updated Mineral Resource Estimate (MRE), Pre-Feasibility Study (PFS) and maiden Ore Reserve Estimate (ORE) for its 100% owned, 6.2Moz Bullabulling Gold Project (BGP), 25km west of Coolgardie in WA.
These mark the delivery of key catalysts in line with MI6 guidance and major milestones in the advancement of the BGP towards development.
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MI6 offers gold exposure via the 6.2Moz Bullabulling MRE, valuation uplift through discovery success, project advancement and de-risking as the BGP progresses towards production.
MI6 holds ~$250m cash, sufficient to fund to Final Investment Decision (FID) in early CY27, long-lead items and early site works.
This is analyst commentary quoted by The Motley Fool Australia, not independent confirmation of the project’s status, the stated cash position or the forecast timing. The development-stage nature of the thesis and the broker’s explicit “speculative buy” label distinguish it from an established lower-risk proposition; the quoted passage does not remove project, financing, execution or commodity-market uncertainty.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the targets can—and cannot—tell an investor
A broker target is an opinion about a possible future share price, formed at a particular time and under the broker’s assumptions. It is not a promised return, and it may be changed or withdrawn. The October 2 figures are historical snapshots and should not be compared with today’s share prices as though they were current valuations.
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- Targets do not account for an individual investor’s goals, time horizon, portfolio, tax position or ability to tolerate losses.
- Implied upside is a price-target comparison, not a guarantee that a share will reach the target within the stated period.
- The Motley Fool Australia article describes its content as general investment advice, says reader circumstances were not taken into account, and warns that investments can rise or fall and past performance may not predict future returns.
For the full dated report and its publisher and contributor disclosures, see The Motley Fool Australia’s October 2, 2026 article.
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