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

ESCORTS Share Price Target

Escorts Ltd.
NSE: ESCORTS | BSE: 500495 | ISIN: INE042A01014 | Sector: Auto

ESCORTS Rating

2.8/5 (5 Ratings)
ESCORTS Share Price *
888.9 -20.75 (-2.28%)
* (quote may be delayed)

6 ESCORTS share price target reports by brokerages below. See what is analyst's view on ESCORTS 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 ESCORTS share price target tomorrow or next week from ESCORTS discussion forum.

ESCORTS Share Price Forecast - Consensus
No. of reports in last year
6
No. of analysts
3
Average Consensus Forecast
735.17
Consensus Potential
-31.38%

ESCORTS Share Price Target - Broker Reports - 2020

15-May-20
Price @ Call: 819.83
Target: 860
HOLD

5-May-20
Price @ Call: 696.47
Target: 882
BUY

27-Apr-20
Price @ Call: 721.25
Target: 829
BUY

23-Mar-20
Price @ Call: 598.68
Target: 715
HOLD
We are enthused by Kubota’s entry as a strategic investor in Escorts, especially given its leadership in the farm implement space. Kubota brings a global presence, significant technological prowess and production excellence. However, we await cash utilisation plans at Escorts before any meaningful change in stance on the company. We are constrained by limited dividend payouts by Escorts in the past with no firm outlook, going forward. We value Escorts on an SOTP valuation basis and maintain our HOLD rating on the stock with a revised target price of Rs 715.
... Read more

ESCORTS Share Price Target - Broker Reports - 2019

23-Dec-19
Price @ Call: 625.5
Target: 695
ACCUMULATE
We expects the trend of underperformance in south and west region to witness some respite owing to record level improvement in reservoir level . The Initial pick up in volume looks demanding for H2FY20, considering the rise in food inflation and government action towards rural development. However, in view of early cyclical reversal we rollover our valuation to FY22 and value EL at 14x FY22E EPS and upgrade our rating to Accumulate with a target price of Rs695.
... Read more

30-Jul-19
Price @ Call: 469.24
Target: 430
REDUCE
At Escorts, we expect sales and PAT to grow at a moderate CAGR of 1.9% and -1.0%, respectively, in FY19-21E. We believe anticipated volume slowdown in tractor segment will arrest growth momentum, with margin profile expected to recover at a sedate pace. We value the company at | 430 i.e. 8x FY21E EPS of Rs 53.4/share (adjusted for treasury shares which amount to ~27% of issued capital) with a REDUCE rating on the stock.
... Read more

7-May-19
Price @ Call: 652.73
Target: 600
REDUCE
We expect ESC’s tractor volume to grow by 5% YoY in FY20E and fall by 7% YoY in FY21E. We reduce our construction equipment volume estimate by 8%/17% for FY20E and FY21E, respectively. We lower our revenue and EBIDTA estimates by 0.4%/2.4% and 5%/6% for FY20E/FY21E, respectively. Accordingly, we cut our EPS estimates by 10%/11% for FY20E/FY21E. In view of likely down-turn for tractor industry, slowdown in construction equipment segment along with poor visibility on tractor volume performance, we reiterate our REDUCE recommendation on ESC with a revised Target Price of Rs600 (from Rs760 earlier), valuing it at 11.5x FY21E EPS.
... Read more

16-May-19
Price @ Call: 549.85
Target: 643
ACCUMULATE
The management expects the trend of outperformance in North and Central region to continue in FY20e as the reservoir level are low in Maharashtra and South. The guidance for tractor growth is given at 5-8% considering the fact of high base in FY19 and lower water level. However we believe that the current valuation is justifiable on the back of 13% earnings growth over FY19-21E and massive government push. We value EL at 13x FY21E EPS with a revised target price of Rs643 and upgrade our rating from Hold to Accumulate.
... Read more

16-Apr-19
Price @ Call: 793
Target: 976
BUY

2-Apr-19
Price @ Call: 770.27
Target: 760
REDUCE
We expect ESC’s tractor volume to grow by 5% YoY in FY20E and fall by 7% YoY in FY21E. Therefore, we reduce our tractor volume estimates by 1% and construction equipment volume by 3% each for FY20E and FY21E. We lower our revenue and EBIDTA estimates by 2%/3% and 4%/6% for FY20E/ FY21E, respectively. Accordingly, we cut our EPS estimates by 4%/6% for FY20E/FY21E. Valuing the stock at 13x FY21E EPS, we downwardly revise our Target Price to Rs760 from Rs875 earlier. In view of expected down-cycle for tractor industry, likely slowdown in construction equipment segment, margin pressure and recent price run-up, we downgrade our recommendation on ESC to REDUCE from BUY owing to unfavourable risk reward at current valuation.
... Read more

31-Jan-19
Price @ Call: 657.52
Target: 700
HOLD

29-Jan-19
Price @ Call: 674.15
Target: 825
BUY
On a consolidated basis, the stock at Rs 644 is trading at a PE multiple of 10.9x FY20E (post adjustment for treasury shares) and an EV/EBIDTA of 9.2x FY20E. Escorts earnings growth of 23% over FY18-20E is among the best among auto OEM’s, which would be largely driven by 11% volume growth in tractors over the next 2 years. We value Escorts at Rs 825 per share by applying 14.0x P/E to its consolidated FY20E EPS of Rs 59. We advise investors to ACCUMULATE the stock with a target price of Rs 825 per share.
... Read more

29-Jan-19
Price @ Call: 674.15
Target: 875
BUY

29-Jan-19
Price @ Call: 674.15
Target: 754
NEUTRAL

21-Jan-19
Price @ Call: 736.26
Target: 836
BUY

ESCORTS Share Price Target - Broker Reports - 2018

17-Dec-18
Price @ Call: 672.61
Target: 867
BUY

12-Dec-18
Price @ Call: 646.4
Target: 1057
BUY

30-Oct-18
Price @ Call: 600.01
Target: 763
BUY

9-Aug-18
Price @ Call: 876.5
Target: 1012
BUY

2-Aug-18
Price @ Call: 904.35
Target: 1071
BUY

31-Jul-18
Price @ Call: 907.2
Target: 958
ACCUMULATE

31-Jul-18
Price @ Call: 907.2
Target: 988
NEUTRAL

30-May-18
Price @ Call: 930.35
Target: 1090
BUY

18-May-18
Price @ Call: 908.29
Target: 1074
BUY

18-May-18
Price @ Call: 908.29
Target: 982
NEUTRAL

15-Feb-18
Price @ Call: 887.15
Target: 1051
BUY

7-Feb-18
Price @ Call: 892.55
Target: 973
ACCUMULATE

31-Jan-18
Price @ Call: 826.91
Target: 714
SELL

ESCORTS Share Price Target - Broker Reports - 2017

27-Dec-17
Price @ Call: 755.6
Target: 829
ACCUMULATE

1-Nov-17
Price @ Call: 751.02
Target: 800
NEUTRAL

1-Nov-17
Price @ Call: 760.25
Target: 688
SELL

1-Nov-17
Price @ Call: 760.25
Target: 803
ACCUMULATE

26-Sep-17
Price @ Call: 632
Target: 710
BUY

9-Mar-17
Price @ Call: 495
Target: 596
BUY

9-Mar-17
Price @ Call: 495
Target: 540
HOLD

10-Feb-17
Price @ Call: 393.3
Target: 405
HOLD

ESCORTS Share Price Target - Broker Reports - 2016

3-Nov-16
Price @ Call: 371
Target: 425
BUY

30-Dec-16
Price @ Call: 297.1
Target: 345
BUY

23-Nov-16
Price @ Call: 291
Target: 345
BUY

16-Sep-16
Price @ Call: 346
Target: 415
BUY

17-Aug-16
Price @ Call: 308.75
Target: 360
BUY

27-Jun-16
Price @ Call: 218.85
Target: 283
BUY

  • ESCORTS - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    ICICIdirect.com860-5.77%
    Axis Direct882-3.13%
    Geojit Financial Services695-30.88%
  • ESCORTS Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3984.68
    Upside Target 2951.82
    Upside Target 1930.73
    Pivot897.87
    Downside Target 1876.78
    Downside Target 2843.92
    Downside Target 3822.83
  • ESCORTS Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,067.35
    Upside Target 2993.15
    Upside Target 1951.4
    Pivot877.2
    Downside Target 1835.45
    Downside Target 2761.25
    Downside Target 3719.5
  • ESCORTS Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,051.52
    Upside Target 2922.08
    Upside Target 1817.72
    Pivot688.28
    Downside Target 1583.92
    Downside Target 2454.48
    Downside Target 3350.12
  • ESCORTS Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3951.82
    Upside Target 2931.21
    Upside Target 1918.48
    Pivot897.87
    Downside Target 1877.26
    Downside Target 2864.53
    Downside Target 3843.92
  • ESCORTS Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3993.15
    Upside Target 2948.86
    Upside Target 1921.49
    Pivot877.2
    Downside Target 1832.91
    Downside Target 2805.54
    Downside Target 3761.25
  • ESCORTS Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3922.08
    Upside Target 2832.77
    Upside Target 1777.59
    Pivot688.28
    Downside Target 1598.97
    Downside Target 2543.79
    Downside Target 3454.48
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