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ERIS Share Price Target

Eris Lifesciences Ltd.
Sector: Pharmaceuticals and health care
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ERIS Share Price *
420.05 -4.75 (-1.12%)
* (quote may be delayed)
ERIS Share Price Forecast - Consensus
No. of reports in last year
4
No. of analysts
2
Average Consensus Forecast
684.25
Consensus Potential
34.42%

ERIS Share Price Target - Broker Reports - 2019

Prabhudas Lilladher
29-Jul-19
Price @ Call: 400.6
Target: 459
ACCUMULATE
We expect sales at 16% CAGR in FY19-21E while management guided 30-50% more than the average growth of IPM and EBITDA to be rangebound, alluding to be around 34-37%. With Guwahati plant contribution in operating revenues at 61%, the management guided for more capacity utilisation to manufacture more products from Strides portfolio. This helps for better tax management with guidance of 8-10% in FY20E. Guwahati remains to be tax benefit zone till FY24E. With better traction of new products/brands, incremental Rx and net cash position, we expect stronger cash flows and higher return ratios. With stability of sales from the acquired portfolios and better visibility of earnings, we maintain ‘Accumulate’ and retain TP at Rs459 on PE 16x of FY21Eearnigns. We maintian ‘Accumulate’.
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Prabhudas Lilladher
30-Jan-19
Price @ Call: 669.2
Target: 695
ACCUMULATE

ERIS Share Price Target - Broker Reports - 2018

Prabhudas Lilladher
6-Nov-18
Price @ Call: 652.48
Target: 704
ACCUMULATE

AnandRathi
22-Oct-18
Price @ Call: 708.4
Target: 879
BUY

Prabhudas Lilladher
28-May-18
Price @ Call: 774.82
Target: 885
ACCUMULATE

Prabhudas Lilladher
8-May-18
Price @ Call: 750.1
Target: 885
ACCUMULATE

Ventura
12-Apr-18
Price @ Call: 802.9
Target: 1060
BUY

ERIS Share Price Target - Broker Reports - 2017

Axis Direct
27-Nov-17
Price @ Call: 648.24
Target: 800
BUY

Bonanza
30-Oct-17
Price @ Call: 570
Target: 686
BUY

Axis Direct
21-Aug-17
Price @ Call: 590
Target: 730
BUY

  • ERIS - Share Price Target Potential

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    BrokerageTargetPotential
    Prabhudas Lilladher4597.45%
    AnandRathi87951.67%