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HGINFRA Share Price Target

HG Infra Engineering Ltd.
Sector: Construction
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HGINFRA Share Price *
227.35 -5.95 (-2.55%)
* (quote may be delayed)
HGINFRA Share Price Forecast - Consensus
No. of reports in last year
7
No. of analysts
4
Average Consensus Forecast
380.14
Consensus Potential
37.62%

HGINFRA Share Price Target - Broker Reports - 2019

Reliance Securities
7-Oct-19
Price @ Call: 212.34
Target: 385
BUY

Karvy Stock Broking
14-Aug-19
Price @ Call: 231.62
Target: 300
BUY
We expect the revenue to grow at 15.8% CAGR during FY19-21E while EBITDA to grow at 15% CAGR. EBITDA margin is expected to stabilize around 15% levels by FY21E. Considering the healthy order book, proven execution capabilities, revenue visibilitycoupled with strong financials, we re-iterate a “BUY” rating with a target price of Rs. 300 based on a SoTP valuation.
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Reliance Securities
13-Aug-19
Price @ Call: 227.93
Target: 385
BUY
HGINFRA continues to report steady performance mainly led by continuous traction in execution. We still expect its earning to clock 29% CAGR in next 2 years. At CMP, the stock trades at 9.0x of FY20 and 7.4x of FY21 earnings with >20% return ratio. We believe improvement in cash generation will be the key catalyst for re-rating. Keeping our estimates unchanged, we maintain BUY recommendation on the stock with an unrevised Target Price of Rs385 (15x of 1-Yr Fwd. EPS).
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Reliance Securities
28-May-19
Price @ Call: 295
Target: 395
BUY
While impact of high base is visible in the quarterly performance, we believe commencement of new order wins will further aid the Company to register a healthy growth, going ahead. We expect HGINFRA’s earning to clock 31% CAGR in next 2 years. Current valuation at 10.4x of FY20 and 8.4x of FY21 earnings with >20% return ratio and <2x book value undoubtedly appear to be attractive. We continue to maintain our BUY recommendation on the stock with a revised Target Price of Rs395 (15x of FY20 EPS).
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Dolat Capital
27-May-19
Price @ Call: 288.12
Target: 456
BUY
We expect revenue/ Adj. PAT CAGR of 23.9%/ 30.3% over FY19-21E. HGINFRA looks attractive at 11.3x/ 9.1x FY20E/ FY21E EPS, hence we maintain BUY, with a SOTP of Rs 456 (13x FY21E EPS) and 1xFY21E P/B for HAM equity investments.
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Dolat Capital
8-Feb-19
Price @ Call: 193.34
Target: 332
BUY

HDFC Securities
6-Feb-19
Price @ Call: 198.95
Target: 408
BUY

HGINFRA Share Price Target - Broker Reports - 2018

HDFC Securities
26-Sep-18
Price @ Call: 228
Target: 386
BUY

HDFC Securities
5-Sep-18
Price @ Call: 238.95
Target: 386
BUY

Reliance Securities
6-Apr-18
Price @ Call: 325.26
Target: 375
BUY

Reliance Securities
20-Mar-18
Price @ Call: 300.75
Target: 375
BUY

  • HGINFRA - Share Price Target Potential

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    BrokerageTargetPotential
    Reliance Securities38539.40%
    Karvy Stock Broking30022.23%
    Dolat Capital45648.84%
    HDFC Securities40842.82%