0 HATHWAY share price target reports by brokerages below. See what is analyst's view on HATHWAY 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.
We expect the broadband business to continue to face headwinds in light of cheap data plans offered by telcos and overall slow growth in the fixed broadband segment. We await RJIO’s plan to roll out its FTTH offering to a wider base and its impact on Hathway. We maintain 12 month forward EV/EBITDA of 12x for the consolidated business (ex-GTPL), which yields TP of INR33. We maintain ‘HOLD/SP’. At CMP, the stock trades at FY21 EV/EBITDA multiple of 10.1x.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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