FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

ABFRL Consensus Forecast

No. of reports in last year
6
No. of analysts
6
Average Consensus Forecast
223
Consensus Potential
0.59%

ABFRL Price Target Potential

BrokerageTargetPotential
LKP Securities Limited27219.63%
Axis Direct2408.92%
ICICIdirect.com2252.84%
HDFC Securities200-9.30%
Sharekhan191-14.45%

ABFRL Ratings

Long term ABFRL rating by FrontPage users
5/5 (4 Ratings)

6 ABFRL share price target reports by brokerages below. See what is analyst's view on ABFRL share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
  1. Home
  2. ABFRL Forum
  3. ABFRL Price Target

ABFRL Share Price Target

ABFRL Share Price Target - Broker Reports - 2021

13-Sep-21
Price @ Call: 214
Target: 272
BUY
15-Mar-21
Price @ Call: 216.85
Target: 240
BUY
2-Mar-21
Price @ Call: 200.4
Target: 225
BUY
9-Feb-21
Price @ Call: 168.13
Target: 200
BUY

ABFRL Share Price Target - Broker Reports - 2020

29-Dec-20
Price @ Call: 163.97
Target: 191
BUY
25-Oct-20
Price @ Call: 167.4
Target: 210
BUY
28-May-20
Price @ Call: 112.17
Target: 140
BUY
Owing to a sharp increase in working capital requirements (NWC days: 38 days vs. 14 days in FY19), net debt increased to Rs 2500 crore (debt/EBITDA: 6.0x) as on FY20E. The management highlighted that the company has adequate access to banking lines due to lineage of Aditya Birla Group and no long term debt repayment obligation over the next year. Furthermore, to de-leverage the balance sheet, the company has proposed a rights issue worth Rs 1000 crore to bring debt/equity ratio below 2.5x by FY22E. We believe that with its strong brand patronage and large distribution reach it will be able to revive its revenue growth post normalisation of situation. We reiterate BUY rating with a target price of Rs 140 (1.4x EV/sales).
... Read more
6-Feb-20
Price @ Call: 246.23
Target: 295
BUY
21-Jan-20
Price @ Call: 230.74
Target: 260
BUY
Sustained revival in organised retail formats, prudent store expansion, strategic changes in Forever21 and focus on innerwear and new brands instill confidence inABFRL’s growth. We retain 45x 12 months forward PE (10% discount to Trent), as we roll-forward to June 2021, yielding a TP of INR260. The stock is trading at 36.2x FY22E P/E. We maintain ‘BUY/SO’.
... Read more

ABFRL Share Price Target - Broker Reports - 2019

13-Nov-19
Price @ Call: 209.34
Target: 250
BUY
We have maintained our TP at INR250 (19% upside), valuing ABFRL on SOTP basis and assigning EV/EBITDA multiple of 20x to Lifestyle, 18x to Pantaloons and EV/Sales of 1x to other businesses. Healthy FCF generation, potential deleveraging and improvement in ROCE should garner better valuation. Maintain Buy.
... Read more
7-Aug-19
Price @ Call: 202.29
Target: 240
BUY
We continue to like ABFRL due to its strong brand portfolio of lifestyle brands and improving profitability metrics for Pantaloons. The latest ethnic wear acquisitions would provide ABFRL an existing ecosystem (designing team, supply chain, dealer network, etc) in an underpenetrated category that can be scaled up. Furthermore, ABFRL’s foray into innerwear business has witnessed significant traction with revenues growing 2x in FY19 and 67% in Q1FY20. We pencil in revenue and EBITDA CAGR of 13% and 24%, respectively, for FY19-21E. We do not factor in the impact of Ind-AS 116. We have a BUY rating on the stock with a target price of | 240 (1.9x FY21E EV/sales).
... Read more
23-Jul-19
Price @ Call: 202.93
Target: 247
BUY
17-Jul-19
Price @ Call: 202.7
Target: 240
BUY
We continue to like ABFRL due to its strong brand portfolio of lifestyle brands and improving profitability metrics for Pantaloons. The ethnic wear acquisition would provide ABFRL an existing ecosystem (designing team, supply chain, dealer network, etc) in an underpenetrated category, which can be scaled up. Since the contribution to overall revenues (~1%) is not material as of now, we do not incorporate the same in our estimates. We pencil in a revenue and EBITDA CAGR of 13% and 23%, respectively, for FY19-21E. We have a BUY rating on the stock with a target price of Rs 240 (1.9x FY21E EV/sales).
... Read more
16-May-19
Price @ Call: 189.2
Target: 240
BUY
Despite a weak Q4FY19, ABFRL exited FY19 with steady overall revenuegrowth of 13% YoY to Rs 8117.7 crore. ABFRL’s foray into innerwear businesswitnessed significant traction with revenues growing 2x to Rs 200 crore in FY19. Overall EBITDA margins remained constant at 6.8% on account of higher marketing spends especially in innerwear business and lifestyle brands. Factoring in the performance of Q4FY19, we revise our estimates downwards and expect revenue and EBITDA to grow at a CAGR of 13% and 24%, respectively, in FY19-21E. We believe the growth story remains intact with Q4FY19 being an exception. We reiterate our BUY rating on the stock with a revised target price of Rs 240 (FY21E 1.9x EV/sales).
... Read more
23-Apr-19
Price @ Call: 219.5
Target: 256
HOLD
10-Apr-19
Price @ Call: 213.89
Target: 260
BUY
6-Feb-19
Price @ Call: 213.15
Target: 250
BUY

ABFRL Share Price Target - Broker Reports - 2018

26-Dec-18
Price @ Call: 206.5
Target: 250
BUY
17-Dec-18
Price @ Call: 199.1
Target: 239
BUY
1-Nov-18
Price @ Call: 186.5
Target: 220
BUY
15-Oct-18
Price @ Call: 185
Target: 237
BUY
12-Sep-18
Price @ Call: 189.52
Target: 225
BUY
28-Aug-18
Price @ Call: 209.7
Target: 220
BUY
3-Aug-18
Price @ Call: 173.35
Target: 197
BUY
2-Aug-18
Price @ Call: 171.28
Target: 205
BUY
2-Aug-18
Price @ Call: 154.1
Target: 220
BUY
2-Aug-18
Price @ Call: 154.1
Target: 187
BUY
18-Jun-18
Price @ Call: 143.62
Target: 186
BUY
14-May-18
Price @ Call: 150.95
Target: 187
BUY

ABFRL Share Price Target - Broker Reports - 2017

6-Nov-17
Price @ Call: 154.54
Target: 195
BUY
30-Oct-17
Price @ Call: 149.95
Target: 193
BUY
28-Jul-17
Price @ Call: 170
Target: 210
BUY
27-Jul-17
Price @ Call: 170
Target: 200
BUY
7-Jul-17
Price @ Call: 172.3
Target: 210
BUY
12-May-17
Price @ Call: 170
Target: 200
BUY

ABFRL Share Price Target - Broker Reports - 2016

25-Oct-16
Price @ Call: 162.14
Target: 202
BUY
1-Aug-16
Price @ Call: 145.25
Target: 172
BUY
Join FrontPage
Hero Img
FrontPage is India's favorite stock discussions community
Join 2,00,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • ABFRL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3240.4
    Upside Target 2235.15
    Upside Target 1229.5
    Pivot224.25
    Downside Target 1218.6
    Downside Target 2213.35
    Downside Target 3207.7
  • ABFRL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3268.4
    Upside Target 2249.15
    Upside Target 1236.5
    Pivot217.25
    Downside Target 1204.6
    Downside Target 2185.35
    Downside Target 3172.7
  • ABFRL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3268.77
    Upside Target 2249.13
    Upside Target 1228.62
    Pivot208.98
    Downside Target 1188.47
    Downside Target 2168.83
    Downside Target 3148.32
  • ABFRL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3235.15
    Upside Target 2230.99
    Upside Target 1228.41
    Pivot224.25
    Downside Target 1220.09
    Downside Target 2217.51
    Downside Target 3213.35
  • ABFRL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3249.15
    Upside Target 2236.96
    Upside Target 1229.44
    Pivot217.25
    Downside Target 1205.06
    Downside Target 2197.54
    Downside Target 3185.35
  • ABFRL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3249.13
    Upside Target 2233.8
    Upside Target 1224.32
    Pivot208.98
    Downside Target 1193.65
    Downside Target 2184.17
    Downside Target 3168.83
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
PrivacyTerms
FrontPage © 2020