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ELGIEQUIP Consensus Forecast

No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
260
Consensus Potential
-37.98%

ELGIEQUIP Price Target Potential

BrokerageTargetPotential
ICICIdirect.com260-37.98%

ELGIEQUIP Ratings

Long term ELGIEQUIP rating by FrontPage users
0/5 (0 Ratings)0

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

ELGIEQUIP Share Price Target - Broker Reports - 2021

13-Nov-21
Price @ Call: 214
Target: 260
BUY
22-May-21
Price @ Call: 215
Target: 260
BUY
7-Jan-21
Price @ Call: 160.25
Target: 190
BUY

ELGIEQUIP Share Price Target - Broker Reports - 2020

10-Nov-20
Price @ Call: 119.55
Target: 140
BUY
24-Sep-20
Price @ Call: 127.57
Target: 130
HOLD

ELGIEQUIP Share Price Target - Broker Reports - 2019

29-May-19
Price @ Call: 280.9
Target: 350
BUY
Going forward, continued traction in international market, steady demand from domestic market and successful launch of new products will drive future growth. Elgi also continues to strengthen its balance sheet through moderating debt, efficient working capital management driven by an able management. Overall, we expect Elgi to deliver revenue, EBITDA, PAT growth of 18.0%, 24.7%, 29.0% CAGR, respectively, in FY19-21E. Accordingly, we ascribe a P/E multiple of 32x on FY21E EPS of Rs 10.8 to arrive at a fair value of Rs 350. We have a BUY rating on the stock.
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4-Feb-19
Price @ Call: 238.29
Target: 310
BUY

ELGIEQUIP Share Price Target - Broker Reports - 2018

9-Nov-18
Price @ Call: 254.09
Target: 350
BUY
17-Aug-18
Price @ Call: 285.14
Target: 350
BUY

ELGIEQUIP Share Price Target - Broker Reports - 2017

16-Mar-17
Price @ Call: 214
Target: 230
HOLD

ELGIEQUIP Share Price Target - Broker Reports - 2016

17-Nov-16
Price @ Call: 174
Target: 220
BUY
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  • ELGIEQUIP Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3367.77
    Upside Target 2364.83
    Upside Target 1362.12
    Pivot359.18
    Downside Target 1356.47
    Downside Target 2353.53
    Downside Target 3350.82
  • ELGIEQUIP Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3422.5
    Upside Target 2397.75
    Upside Target 1378.25
    Pivot353.5
    Downside Target 1334
    Downside Target 2309.25
    Downside Target 3289.75
  • ELGIEQUIP Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3427.07
    Upside Target 2387.03
    Upside Target 1343.07
    Pivot303.03
    Downside Target 1259.07
    Downside Target 2219.03
    Downside Target 3175.07
  • ELGIEQUIP Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3364.83
    Upside Target 2362.68
    Upside Target 1361.34
    Pivot359.18
    Downside Target 1357.03
    Downside Target 2355.69
    Downside Target 3353.53
  • ELGIEQUIP Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3397.75
    Upside Target 2380.85
    Upside Target 1370.4
    Pivot353.5
    Downside Target 1336.6
    Downside Target 2326.15
    Downside Target 3309.25
  • ELGIEQUIP Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3387.03
    Upside Target 2354.95
    Upside Target 1335.12
    Pivot303.03
    Downside Target 1270.95
    Downside Target 2251.12
    Downside Target 3219.03
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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