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AKZOINDIA Consensus Forecast

No. of reports in last year
4
No. of analysts
1
Average Consensus Forecast
2031.25
Consensus Potential
10.32%

AKZOINDIA Price Target Potential

BrokerageTargetPotential
Kotak Securities19758.42%

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AKZOINDIA Ratings

Long term AKZOINDIA rating by FrontPage users
4/5 (2 Ratings)

4 AKZOINDIA share price target reports by brokerages below. See what is analyst's view on AKZOINDIA 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.
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AKZOINDIA Share Price Target

AKZOINDIA Share Price Target - Broker Reports - 2020

22-Jun-20
Price @ Call: 1875.01
Target: 1975
ADD
11-Feb-20
Price @ Call: 2117
Target: 2270
ADD
We estimate that branded paint demand will remain robust in a country like India where per capita consumption is very low and 30% paint market is still unorganised. Management of Akzo also indicated that the volume trends remain strong for the company and expect the trend to continue in medium term.Akzo does not intend to chase volumes by growing share of low-value, low- margin products such as putty and distemper, in line with its strategy to achieve profitable volume growth. Hence, we expect Akzo to continue to record lower volume growth compared to other top listed paint companies. We build 8% volume growth in FY21E and 11% in FY22E our estimates. We estimate revenue CAGR of 10.5% and earnings CAGR of 10% over FY20E to FY22E. Maintain ADD with an increased TP of Rs 2270 (from Rs 2080) at 36x FY22E earnings (at 25% discount to PE multiple of larger peers).We estimate healthy free cash generation and marginal improvement in return ratios. A sustained weakness in economy poses risks to our estimates.
... Read more

AKZOINDIA Share Price Target - Broker Reports - 2019

24-Dec-19
Price @ Call: 1960.61
Target: 2080
ADD
We estimate that branded paint demand will remain robust in a country like India where per capita consumption is very low and 30% paint market is still unorganised. Management of Akzo also indicated that the volume trends remain strong for the company and expect the trend to continue in medium term. Akzo does not intend to chase volumes by growing share of low-value, low- margin products such as putty and distemper, in line with its strategy to achieve profitable volume growth. Hence, we expect Akzo to continue to record lower volume growth compared to other top listed paint companies. We build 7-8% volume growth CAGR over FY19-FY21E in our estimates. We maintain our estimates and expect consolidated sales and earnings CAGRs of 8% and 10% respectively over FY19-FY21E. Maintain ADD with an increased TP of Rs 2080 (from Rs 1800) at 37x FY21E earnings (at 25% discount to PE multiple of larger peers).We estimate healthy free cash generation and marginal improvement in return ratios. A sustained weakness in economy poses risks to our estimates.
... Read more
14-Aug-19
Price @ Call: 1710.71
Target: 1800
ADD
Stable volume growth in the decorative segment and weakness in the industrial segment (primarily automotive) and benign raw material price situation were the highlights of the results for Akzo during the quarter. Maintain ADD with an unchanged TP of Rs 1800 at 33x at FY21E earnings.
... Read more
15-May-19
Price @ Call: 1630
Target: 1800
ADD
5-Feb-19
Price @ Call: 1715
Target: 1920
ADD

AKZOINDIA Share Price Target - Broker Reports - 2018

7-Sep-18
Price @ Call: 1733
Target: 2200
BUY
3-Aug-18
Price @ Call: 1849.85
Target: 2200
BUY
14-May-18
Price @ Call: 1940.45
Target: 2150
BUY
6-Mar-18
Price @ Call: 1776
Target: 2250
BUY
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  • AKZOINDIA Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,851.57
    Upside Target 21,840.78
    Upside Target 11,820.57
    Pivot1,809.78
    Downside Target 11,789.57
    Downside Target 21,778.78
    Downside Target 31,758.57
  • AKZOINDIA Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,059.98
    Upside Target 22,000.87
    Upside Target 11,930.23
    Pivot1,871.12
    Downside Target 11,800.48
    Downside Target 21,741.37
    Downside Target 31,670.73
  • AKZOINDIA Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,108.05
    Upside Target 22,040
    Upside Target 11,937.1
    Pivot1,869.05
    Downside Target 11,766.15
    Downside Target 21,698.1
    Downside Target 31,595.2
  • AKZOINDIA Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,840.78
    Upside Target 21,828.94
    Upside Target 11,821.63
    Pivot1,809.78
    Downside Target 11,797.94
    Downside Target 21,790.63
    Downside Target 31,778.78
  • AKZOINDIA Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,000.87
    Upside Target 21,951.3
    Upside Target 11,920.68
    Pivot1,871.12
    Downside Target 11,821.55
    Downside Target 21,790.93
    Downside Target 31,741.37
  • AKZOINDIA Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,040
    Upside Target 21,974.7
    Upside Target 11,934.35
    Pivot1,869.05
    Downside Target 11,803.75
    Downside Target 21,763.4
    Downside Target 31,698.1
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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