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

ENDURANCE Consensus Forecast

No. of reports in last year
4
No. of analysts
3
Average Consensus Forecast
1066.5
Consensus Potential
16.86%

ENDURANCE Price Target Potential

BrokerageTargetPotential
Motilal Oswal102516.04%
Karvy Stock Broking117826.94%
Geojit Financial Services802-7.31%

ENDURANCE Targets in FrontPage Forums

0 Users have submitted 0 trade ideas of Rs. 0 for ENDURANCE
0% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

ENDURANCE Ratings

Long term ENDURANCE rating by FrontPage users
2.5/5 (2 Ratings)

4 ENDURANCE share price target reports by brokerages below. See what is analyst's view on ENDURANCE 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. ENDURANCE Forum
  3. ENDURANCE Price Target

ENDURANCE Share Price Target

ENDURANCE Share Price Target - Broker Reports - 2020

17-Mar-20
Price @ Call: 724.33
Target: 1025
BUY
We are lowering our consol EPS FY20/21 estimates to by 1%/8% to factor in for impact of coronavirus in EU business and our lowered estimate for 2W industry volume growth. ENDU’s near-term operating performance is expected to be influenced by the longevity of disruption in Europe and the BS6 transition in India. Both these events are transitory in nature but have created meaningful dislocation in price. Our positive view on ENDU remains intact and is driven by the company’s strong positioning in 2W OEMs as well as visibility of increase in content. Post the recent correction in the stock price, valuations are reasonable at 17.4x/15.8x FY21/FY22E consol. EPS. We also lower target multiple 22X (from 25x earlier) to factor in for risk of prolonged impact of coronavirus. Maintain Buy with TP of INR1,025 (~22x Mar’22E consol. EPS).
... Read more
10-Feb-20
Price @ Call: 1077
Target: 1261
BUY
We have lowered our FY20/FY21E EPS estimate by 2.5%/4.5% to factor in the near-term weakness in the 2W industry. The stock trades at 23.3x/21.4x at FY21/FY22E consol. EPS. Maintain Buy with TP of IN1,261 (~25x Mar’22E consol. EPS).
... Read more

ENDURANCE Share Price Target - Broker Reports - 2019

15-Nov-19
Price @ Call: 1056.27
Target: 1178
HOLD
Management anticipates overall business momentum to remain soft in its domestic and international business in FY20 on account of overall slowdown in Auto markets. It expects business recovery to take place in FY21. Going forward, developing new business segments (like ABS and EV components), sustaining high cash generation and further optimally utilizing its asset base is likely to be the key area for ETL. To factor in better than expected margin performance by the company, we increase our PAT estimates by 9.1%/10% for FY20E and FY21E. We retain our HOLD rating on the stock with revised price target of Rs1178 (PER of 25xFY21E earnings.
... Read more
23-Aug-19
Price @ Call: 857.79
Target: 802
REDUCE
We expect the company to post muted revenue growth on account of the demand slowdown and inventory pileup in the Indian two- and three-wheeler markets and softness in the European passenger vehicle market. Hence, we roll forward to FY21E and value Endurance Technologies at 18x FY21E adj. EPS. We downgrade our rating to REDUCE on the stock with a revised target price of Rs. 802.
... Read more
16-May-19
Price @ Call: 1172
Target: 1058
SELL
We expect ETL to report 10.6% sales CAGR and 7.4% PAT CAGR over FY19-21E. At CMP Rs1163, the stock is quoting at PE of 27.5xFY21 earnings. It remains the most expensive stock in the entire Indian Auto Universe. We believe, current stock valuations have not factored in a) possible softness in European business b) margin normalization in Indian and European business and c) long term negative impact of EV on its 2W aluminum casting business. Thus, 7.4% PAT over FY19-21 does not justify these valuations. Our DCF valuation also suggests that to support current valuations ETL needs to grow at 20%+ CAGR for next 10 years. We reiterate our SELL rating on the stock with a revised target price of Rs1058 (25xFY21 PER - 40% premium over sector PE).
... Read more
16-Apr-19
Price @ Call: 1162
Target: 1399
BUY
Endurance Technologies (Endurance) is one of the biggest suppliers of components to 2- wheelers and 3-wheelers in India, having core-competence in aluminium casting, transmission and suspension products. The company is likely to benefit from new customer wins, stricter safety norms in India and increasing demand for aluminium content in passenger vehicles across India and Europe. The company is growing at a rate faster than its peers as well as its underlying industry, hence we believe that the premium valuations of 24x on FY21E earnings, at which the stock is trading currently is well deserved. We initiate coverage on the stock with a BUY rating and a target of ₹1,399.
... Read more
11-Feb-19
Price @ Call: 1256
Target: 1476
BUY
11-Feb-19
Price @ Call: 1256
Target: 1385
BUY

ENDURANCE Share Price Target - Broker Reports - 2018

14-Aug-18
Price @ Call: 1476.47
Target: 1691
BUY
17-May-18
Price @ Call: 1176.05
Target: 1530
BUY
22-Feb-18
Price @ Call: 1281.75
Target: 1540
BUY
16-Feb-18
Price @ Call: 1235.45
Target: 1540
BUY

ENDURANCE Share Price Target - Broker Reports - 2017

18-Dec-17
Price @ Call: 1268.05
Target: 1550
BUY
12-Dec-17
Price @ Call: 1220
Target: 1550
BUY
16-Nov-17
Price @ Call: 1173.62
Target: 1313
BUY
11-Nov-17
Price @ Call: 1153.64
Target: 1334
BUY
2-Nov-17
Price @ Call: 1168.32
Target: 1230
BUY
25-Oct-17
Price @ Call: 1073.05
Target: 1221
BUY
14-Aug-17
Price @ Call: 1001.37
Target: 1059
BUY
2-Jun-17
Price @ Call: 839
Target: 927
ACCUMULATE
22-Feb-17
Price @ Call: 670
Target: 744
BUY

ENDURANCE Share Price Target - Broker Reports - 2016

16-Dec-16
Price @ Call: 565
Target: 715
BUY
6-Dec-16
Price @ Call: 573
Target: 700
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • ENDURANCE Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3897.97
    Upside Target 2888.88
    Upside Target 1883.17
    Pivot874.08
    Downside Target 1868.37
    Downside Target 2859.28
    Downside Target 3853.57
  • ENDURANCE Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3948.32
    Upside Target 2921.58
    Upside Target 1899.52
    Pivot872.78
    Downside Target 1850.72
    Downside Target 2823.98
    Downside Target 3801.92
  • ENDURANCE Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,194.43
    Upside Target 21,072.22
    Upside Target 1971.48
    Pivot849.27
    Downside Target 1748.53
    Downside Target 2626.32
    Downside Target 3525.58
  • ENDURANCE Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3888.88
    Upside Target 2883.23
    Upside Target 1879.74
    Pivot874.08
    Downside Target 1868.43
    Downside Target 2864.94
    Downside Target 3859.28
  • ENDURANCE Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3921.58
    Upside Target 2902.94
    Upside Target 1891.42
    Pivot872.78
    Downside Target 1854.14
    Downside Target 2842.62
    Downside Target 3823.98
  • ENDURANCE Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,072.22
    Upside Target 2987.05
    Upside Target 1934.43
    Pivot849.27
    Downside Target 1764.1
    Downside Target 2711.48
    Downside Target 3626.32
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