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ASTRAL Consensus Forecast

No. of reports in last year
3
No. of analysts
2
Average Consensus Forecast
2096.67
Consensus Potential
0.29%

ASTRAL Price Target Potential

BrokerageTargetPotential
Axis Direct22507.89%
HDFC Securities1830-13.25%

ASTRAL Targets in FrontPage Forums

4 Users have submitted 5 trade ideas of Rs. 124,803.7 for ASTRAL
100% Bullish
0% Bearish
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ASTRAL Ratings

Long term ASTRAL rating by FrontPage users
5/5 (3 Ratings)

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

ASTRAL Share Price Target - Broker Reports - 2021

20-May-21
Price @ Call: 1772.4
Target: 2250
BUY
20-May-21
Price @ Call: 1772.4
Target: 1830
ADD
22-Feb-21
Price @ Call: 2070.85
Target: 2210
ADD

ASTRAL Share Price Target - Broker Reports - 2019

25-Oct-19
Price @ Call: 1143.1
Target: 1301
BUY
Driven by its strong pipes performance Astral’s Q2 FY20 revenue/ EBITDA/PAT grew 8%/26%/83% y/y. Weakness in adhesives was expected due to correction measures taken in Resinova. Ahead, we expect a healthy growth pace in pipes and adhesives as structural changes at Rex and Resinova have been completed. We slightly change our earnings estimates and expect a 29% CAGR over FY19-21 (higher than peers) vs. 20% over FY14-19. We retain our Buy, with a higher target of Rs 1,301, earlier Rs 1,148 (adjusted for the 1:4 bonus issue). Strong earnings growth is essential to hold to the high valuation multiple.
... Read more
2-Aug-19
Price @ Call: 1220.35
Target: 1487
BUY
ASTRA has been a multi-year compounding story and we expect the trend to continue. Addition in product portfolio in both segments – pipe and adhesive will augment growth with expanding margin profile. ASTRA management strategy to pursue profitable volumes will ensure margin protection and keep balance sheet healthy. Despite the very high valuations, we believe that ASTRA stock performance will continue to be driven by profitability growth. Reiterate Buy with a target price of ` 1,487.
... Read more
15-Jul-19
Price @ Call: 1282
Target: 1458
BUY
We believe that ASTRA is in the investment phase and will reap long-term benefits of this strategy in the next five years. We believe that revenue growth and margin profile should rise. The company’s growth trajectory remains high and return ratios are also expanding, therefore valuation should remain expensive. We reiterate Accumulate, with a target price of` 1,458 (49x FY21E).
... Read more
22-May-19
Price @ Call: 1163
Target: 1250
HOLD
We model revenue, earning CAGR of 21%, 30% in FY19-21E led by volume growth and recovery in EBITDA margin, respectively. Though we believe in strong fundamental of APTL (strong bottomline growth, strong return ratios) coupled with intact demand outlook (led by government push on the housing, infra sectors), current price discounts all near term positives. We maintain our stance on the stock with HOLD rating.
... Read more
15-Feb-19
Price @ Call: 1125
Target: 1378
BUY
ASTRA has been a multi-year compounding story and we expect the trend to continue. Addition in product portfolio in both segments – pipe and adhesive will augment growth with expanding margin profile. ASTRA management strategy to pursue profitable volumes will ensure margin protection and keep balance sheet healthy. Despite the very high valuations, we believe that ASTRA stock performance will continue to be driven by profitability growth. We rollover valuations to FY21E earnings. Reiterate Buy with a target price of Rs 1,378.
... Read more
13-Feb-19
Price @ Call: 1164.52
Target: 1250
HOLD
We reckon that a revival of the plastic piping industry is on the cards with government push on the housing sector, implementation of GST and continued replacement demand from tier II, tier III cities. Additionally, backward integration coupled with stabilisation of new capacity would help EBITDA margins to remain elevated. We believe Rex would add value to ATPL in the long run by contributing to the bottomline from day one. We believe that at 51x FY20E and 39x FY21E earnings, the stock captures near term positives. Hence, we maintain our target price and change our recommendation from BUY to HOLD.
... Read more
10-Jan-19
Price @ Call: 1193.61
Target: 1225
HOLD

ASTRAL Share Price Target - Broker Reports - 2018

26-Dec-18
Price @ Call: 1075.83
Target: 1250
BUY
2-Aug-18
Price @ Call: 1082.62
Target: 1180
HOLD

ASTRAL Share Price Target - Broker Reports - 2017

22-Nov-17
Price @ Call: 790
Target: 890
ACCUMULATE
15-Nov-17
Price @ Call: 800
Target: 885
BUY
9-Aug-17
Price @ Call: 655
Target: 720
BUY
5-Jun-17
Price @ Call: 606
Target: 685
BUY

ASTRAL Share Price Target - Broker Reports - 2016

21-Nov-16
Price @ Call: 415
Target: 421
HOLD
18-Nov-16
Price @ Call: 419
Target: 500
ACCUMULATE
23-Aug-16
Price @ Call: 484
Target: 530
ACCUMULATE
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  • ASTRAL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,150.87
    Upside Target 22,121.43
    Upside Target 12,096.97
    Pivot2,067.53
    Downside Target 12,043.07
    Downside Target 22,013.63
    Downside Target 31,989.17
  • ASTRAL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,223.88
    Upside Target 22,166.62
    Upside Target 12,089.53
    Pivot2,032.27
    Downside Target 11,955.18
    Downside Target 21,897.92
    Downside Target 31,820.83
  • ASTRAL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,251.1
    Upside Target 22,140.55
    Upside Target 12,065.05
    Pivot1,954.5
    Downside Target 11,879
    Downside Target 21,768.45
    Downside Target 31,692.95
  • ASTRAL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,121.43
    Upside Target 22,100.84
    Upside Target 12,088.12
    Pivot2,067.53
    Downside Target 12,046.94
    Downside Target 22,034.22
    Downside Target 32,013.63
  • ASTRAL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,166.62
    Upside Target 22,115.29
    Upside Target 12,083.59
    Pivot2,032.27
    Downside Target 11,980.94
    Downside Target 21,949.24
    Downside Target 31,897.92
  • ASTRAL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,140.55
    Upside Target 22,069.48
    Upside Target 12,025.57
    Pivot1,954.5
    Downside Target 11,883.43
    Downside Target 21,839.52
    Downside Target 31,768.45
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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