OCL Shares Objective Corporation Limited
ASX · ASXLast in our picks 2026-10-26 — not in the current list; analysis below is from that screen
Government software demand and recurring revenue provide defensive growth with meaningful valuation re-rating potential.
Future value: $8.77 (+33.91%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Morgans reiterated Buy with nearly thirty percent target upside.
- ▸Above 50-day MA (+5.48%)
- ▾Near 52-week low (11.7% of range)
- ▸~34% upside to price target
Is OCL a buy right now?
Trend: OCL is trading above the 50-day average (+5.65%), RSI 38 — neutral momentum, with a 3-month return of -6.56%.
Valuation & quality: Objective Corporation Limited trades on a trailing P/E of 17.2, forward P/E 20.8, price-to-book 5.72; fundamentals show net margin 27.6%, return on equity 34.5%, revenue growth 9.3% year on year.
Analyst consensus: 7 analysts have a mean 12-month price target of A$8.77 (+33.9% vs the last close; range A$5.00 – A$12.90), consensus rating “none”.
Income: trailing dividend yield 1.98%.
Our screen: STRONG BUY (score 4) — Government software demand and recurring revenue provide defensive growth with meaningful valuation re-rating potential.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -8.50% | -3.50% | -8.30% | -1.60% | -32.00% | -6.40% | -8.10% | +8.80% |
Fundamentals
Analyst price target
Technical signals
About Objective Corporation Limited
Objective Corporation Limited, together with its subsidiaries, engages in the supply of information technology software and services in Australia, Asia Pacific, and Europe.
Sector: Technology · Industry: Software - Application · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.