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EQUITAS Consensus Forecast

No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
65
Consensus Potential
-102.46%

EQUITAS Price Target Potential

BrokerageTargetPotential

EQUITAS Targets in FrontPage Forums

6 Users have submitted 6 trade ideas of Rs. 163,817 for EQUITAS
100% Bullish
0% Bearish
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EQUITAS Ratings

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

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

EQUITAS Share Price Target - Broker Reports - 2020

4-Jul-20
Price @ Call: 53.94
Target: 65
BUY
We expect business growth to remain modest. The bank is focused on improving collection trends as high proportion of loans are currently under moratorium. Although some improvement is visible towards disbursements made during Jun’20, the focus remains on providing top-up facility to its existing customer base. We maintain a cautious stance on EQUITAS’ asset quality and expect credit cost to rise over FY21/FY22E. We maintain our TP of INR65 (0.8x FY22E ABV) with a Buy rating.
... Read more

EQUITAS Share Price Target - Broker Reports - 2019

15-Nov-19
Price @ Call: 85.9
Target: 122
HOLD
With visible ROE expansion to 16.4% in FY21E on the back of strong AUM growth and lower opex, we believe Equitas SFB’s valuations will gravitate towards that of SFBs, banks and NBFCs demonstrating similar growth and profitability. We remain positive on the stock given strong earnings growth of 53% CAGR over FY19-21E. We value (Equitas SFB at 3.0x FY21E Adj. BV) Equitas Holdings at a 55% discount to SFB, at 1.4x FY21E Adj. BV at Rs. 122, post factoring the holdco discount.
... Read more
19-Aug-19
Price @ Call: 112.4
Target: 147
BUY
With visible ROE expansion to ~16-18% levels in the long term (by FY22E) on the back of strong AUM growth, lower opex and stable credit costs, we believeEquitas’ valuations will gravitate towards that of SFBs, banks and NBFCsdemonstrating similar growth and profitability. We remain positive on the stock given strong earnings growth of 48% CAGR over FY19-21E. We value (Equitas SFB at 3.0x FY21E Adj. BV) Equitas Holdings at a 45% discount to SFB, at 1.7x FY21E Adj. BV at Rs. 147, post factoring the holdco discount.
... Read more
14-May-19
Price @ Call: 126.23
Target: 160
BUY
Valuation and view: EQUITAS has delivered on its goal of balance sheet de-risking by lowering the MFI proportion in its loan book. This has been partially offset by high growth in secured products. The recalibration in the growth strategy is likely to bear fruit over the medium-to-long term. We have revised our estimates and expect the bank to deliver 39% PAT CAGR over FY19-21. In our view, the nearterm stock performance may come under pressure from the parallel listing of the SFB, which may result in a widening of the holding company discount. We reiterate our Buy rating with a TP of INR160, based on 1.9x Mar’21E ABV of INR85 per share.
... Read more
14-May-19
Price @ Call: 125.5
Target: 187
BUY
With visible ROE expansion to ~16-18% levels in the long term (by FY22E) on the back of strong AUM growth, lower opex and stable credit costs, we believe Equitas’ valuations will gravitate towards that of SFBs, banks and NBFCs demonstrating similar growth and profitability. We remain positive on the stock given strong earnings growth of 52% CAGR over FY19-21E. We value (Equitas SFB at 3.0x FY21E Adj. BV) Equitas Holdings at a 30% discount to SFB, at 2.1x FY21E Adj. BV at Rs. 187, post factoring the holdco discount.
... Read more
5-Feb-19
Price @ Call: 121
Target: 150
BUY
22-Jan-19
Price @ Call: 118.51
Target: 181
BUY

EQUITAS Share Price Target - Broker Reports - 2018

6-Nov-18
Price @ Call: 105.92
Target: 160
BUY
13-Oct-18
Price @ Call: 131.04
Target: 230
BUY
31-Jul-18
Price @ Call: 139.15
Target: 214
BUY
31-Jul-18
Price @ Call: 139.15
Target: 175
BUY
2-May-18
Price @ Call: 154.7
Target: 220
BUY
30-Apr-18
Price @ Call: 155
Target: 185
BUY
2-Feb-18
Price @ Call: 150.6
Target: 220
BUY

EQUITAS Share Price Target - Broker Reports - 2017

30-Nov-17
Price @ Call: 147.45
Target: 220
BUY
6-Nov-17
Price @ Call: 146.5
Target: 168
BUY
31-Oct-17
Price @ Call: 145.45
Target: 209
BUY
30-Oct-17
Price @ Call: 144
Target: 220
BUY
4-Aug-17
Price @ Call: 167
Target: 184
BUY
31-Jul-17
Price @ Call: 167
Target: 201
BUY
1-Aug-17
Price @ Call: 168
Target: 220
BUY
11-May-17
Price @ Call: 165
Target: 225
BUY
8-May-17
Price @ Call: 161
Target: 210
BUY
9-May-17
Price @ Call: 163.4
Target: 180
BUY
6-Apr-17
Price @ Call: 169
Target: 220
BUY
21-Feb-17
Price @ Call: 180
Target: 210
BUY
3-Feb-17
Price @ Call: 182.7
Target: 185
BUY

EQUITAS Share Price Target - Broker Reports - 2016

29-Nov-16
Price @ Call: 158
Target: 215
BUY
13-Oct-16
Price @ Call: 174.9
Target: 220
NEUTRAL
3-Oct-16
Price @ Call: 169
Target: 215
BUY
30-Sep-16
Price @ Call: 175.35
Target: 235
BUY
3-Aug-16
Price @ Call: 176.85
Target: 235
BUY
27-Jun-16
Price @ Call: 174.85
Target: 235
BUY
20-Jun-16
Price @ Call: 174
Target: 235
BUY
8-Jun-16
Price @ Call: 176.36
Target: 235
BUY
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  • EQUITAS Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3135.82
    Upside Target 2133.68
    Upside Target 1131.27
    Pivot129.13
    Downside Target 1126.72
    Downside Target 2124.58
    Downside Target 3122.17
  • EQUITAS Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3150.23
    Upside Target 2143.52
    Upside Target 1136.18
    Pivot129.47
    Downside Target 1122.13
    Downside Target 2115.42
    Downside Target 3108.08
  • EQUITAS Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3109.27
    Upside Target 2103.63
    Upside Target 198.82
    Pivot93.18
    Downside Target 188.37
    Downside Target 282.73
    Downside Target 377.92
  • EQUITAS Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3133.68
    Upside Target 2131.95
    Upside Target 1130.87
    Pivot129.13
    Downside Target 1127.4
    Downside Target 2126.32
    Downside Target 3124.58
  • EQUITAS Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3143.52
    Upside Target 2138.15
    Upside Target 1134.83
    Pivot129.47
    Downside Target 1124.1
    Downside Target 2120.78
    Downside Target 3115.42
  • EQUITAS Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3103.63
    Upside Target 299.64
    Upside Target 197.18
    Pivot93.18
    Downside Target 189.19
    Downside Target 286.73
    Downside Target 382.73
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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