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

AVANTIFEED Share Price Target

Avanti Feeds Ltd.
NSE: AVANTIFEED | BSE: 512573 | ISIN: INE871C01038 | Sector: Agriculture/Horticulture/Lives

AVANTIFEED Rating

5/5 (2 Ratings)
AVANTIFEED Share Price *
609.15 -1.9 (-0.31%)
* (quote may be delayed)

2 AVANTIFEED share price target reports by brokerages below. See what is analyst's view on AVANTIFEED 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.


You can also find AVANTIFEED share price target tomorrow or next week from AVANTIFEED discussion forum.

AVANTIFEED Share Price Forecast - Consensus
No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
473.50
Consensus Potential
-30.31%

AVANTIFEED Share Price Target - Broker Reports - 2019

1-Nov-19
Price @ Call: 449.79
Target: 520
BUY
Avanti Feeds Ltd (AFL), is a leading manufacturer of Shrimp Feeds with a capacity of 6,00,000 MT, and Shrimp Processor & Exporter with a ca- pacity of 22,000 MT. AFL has a tie-up with Thai Union Group, Thailand. Revenue grew by 41%YoY in Q2FY20 mainly supported by strong jump in Feed volumes (50%YoY) while processing segment growth was at 9%YoY. The significant surge in feed volume was due to delayed com-
mencement of shrimp culture in Q1FY20 to Q2FY20 (flat growth in Q1FY20) and market share gains (48% Vs 45% YoY). Blended EBITDA grew by 79%YoY aided by 250bps improvement in margins. Gross/EBITDA margin improved by 60bps/250bps. Recent surge in farm fate prices impacted processing margins (12.1% Vs 14.8% YoY). However, this will encourage shrimp culture activities, and hence improve feed volumes. Industry feed consumption is expected to be at same level of FY19, but market share gains will support AFL’s feed volume. Shrimp export prices have stabilised. We have slightly reduced export volumes considering lower growth in Q2FY20. Expect Revenue/PAT to grow at 16%/28% CAGR over FY19-21E. We value at 16x considering healthy growth & RoE and no debt, maintain Buy rating with revised target of Rs520 (Rs.427 earlier).
... Read more

21-Jun-19
Price @ Call: 362.22
Target: 427
BUY
The recent improvement witnessed in farm-gate and export prices provides better outlook for both Feed & Processing segments. We roll forward to FY21E, continue to value at 15x considering healthy growth & RoE and no debt, main- tain Target of Rs427 with Buy rating.
... Read more

1-Feb-19
Price @ Call: 356.75
Target: 427
BUY

AVANTIFEED Share Price Target - Broker Reports - 2018

11-Jun-18
Price @ Call: 631
Target: 867
BUY

25-Apr-18
Price @ Call: 798.67
Target: 1102
BUY

  • AVANTIFEED - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    Geojit Financial Services520-17.51%
  • AVANTIFEED Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3636.43
    Upside Target 2628.17
    Upside Target 1618.63
    Pivot610.37
    Downside Target 1600.83
    Downside Target 2592.57
    Downside Target 3583.03
  • AVANTIFEED Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3727.57
    Upside Target 2696.23
    Upside Target 1652.67
    Pivot621.33
    Downside Target 1577.77
    Downside Target 2546.43
    Downside Target 3502.87
  • AVANTIFEED Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3951.4
    Upside Target 2860.7
    Upside Target 1761.4
    Pivot670.7
    Downside Target 1571.4
    Downside Target 2480.7
    Downside Target 3381.4
  • AVANTIFEED Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3628.17
    Upside Target 2621.37
    Upside Target 1617.17
    Pivot610.37
    Downside Target 1603.57
    Downside Target 2599.37
    Downside Target 3592.57
  • AVANTIFEED Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3696.23
    Upside Target 2667.62
    Upside Target 1649.95
    Pivot621.33
    Downside Target 1592.72
    Downside Target 2575.05
    Downside Target 3546.43
  • AVANTIFEED Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3860.7
    Upside Target 2788.12
    Upside Target 1743.28
    Pivot670.7
    Downside Target 1598.12
    Downside Target 2553.28
    Downside Target 3480.7
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.