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HIMATSEIDE Consensus Forecast

No. of reports in last year
5
No. of analysts
1
Average Consensus Forecast
193.6
Consensus Potential
69.41%

HIMATSEIDE Price Target Potential

BrokerageTargetPotential
Kotak Securities18067.19%

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HIMATSEIDE Ratings

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

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

HIMATSEIDE Share Price Target - Broker Reports - 2020

11-Feb-20
Price @ Call: 114.4
Target: 180
BUY
We have cut our EBITDA margin estimates for FY20 and FY21 by 130 and 190 bps, respectively and introduce estimates for FY22E factoring in impact of reduced duty benefits and challenges outside US. Based on this, we have cut our EPS estimates for FY20E and FY21E by 29% and 22%, respectively. Based on FY20E/21E/22E EPS of Rs 11.1 (vs Rs 15.7 earlier)/Rs /16.5 (Vs Rs 21.2 earlier)/ Rs 21.2, the stock is trading at PE of 10.3x/7x/5.4x, respectively. We maintain Buy on the stock with revised target price of Rs 180 (vs Rs 191 earlier), valuing the stock at forward multiple of 9x, as we roll forward our valuations on Dec 2021E.
... Read more

HIMATSEIDE Share Price Target - Broker Reports - 2019

26-Dec-19
Price @ Call: 124.59
Target: 191
BUY
Going forward, top priority of the company is to consolidate its home textiles portfolio as well as sweating its new capacities in terry towel and bed linen. In addition, based on improved cash flows, the company targets to reduce its debt. We believe that the challenges in luxury European brand and upholstery business would impact operating performance of FY20. Based on FY20E/21E EPS of Rs 15.7/21.2, the stock is trading at PE of 7.6x/5.7x, respectively. We maintain BUY on the stock with target price of Rs 191, valuing the stock at 9x FY21E EPS.
... Read more
11-Nov-19
Price @ Call: 137.54
Target: 191
BUY
We believe that the challenges in luxury European brand and upholstery business and restructuring of the same expected in H2FY20 would impact operating performance of FY20. Further, towel facility may take 1-2 years before reaching optimal utilization and hence, next one year would be the year of consolidation. We have cut our margin estimates for FY20E by 100 bps factoring in higher operating cost and challenges outside US. We have assumed higher tax rates as the company is presently continuing with older tax rates and evaluating the new tax law. Based on this, we have cut our EPS estimates for FY20E and FY21E by 10-20%. Based on FY20E/21E revised EPS of Rs 15.7/21.2 (Vs Rs 19.6/23.6), the stock is trading at PE of 9.2x/6.8x, respectively. We maintain Buy on the stock with revised target price of Rs 191 (vs Rs 212 earlier), valuing the stock at 9x FY21E EPS.
... Read more
4-Oct-19
Price @ Call: 142.15
Target: 212
BUY
16-Aug-19
Price @ Call: 136.53
Target: 194
BUY
We have assumed higher interest cost based on higher debt. Based on this, we have cut our EPS estimates for FY20E and FY21E by 21-22%. Based on FY20E/21E revised EPS of Rs 17.6/21.6, the stock is trading at PE of 7.7x/6.3x, respectively. We maintain Buy on the stock with revised target price of Rs 194 (vs Rs 290), valuing the stock at 9x (vs 10.5x) FY21E EPS.
... Read more
31-May-19
Price @ Call: 198.2
Target: 290
BUY
We believe that higher raw material prices and lower realization will partially offset benefits from increased incentives in the EBITDA margin for FY20E. We have cut our margin estimates for FY20E and FY21E by 100-120 bps resulting in 8-9% reduction in our EPS estimates for FY20E-21E. Based on FY20E/21E revised EPS of Rs 22.3/27.5, the stock is trading at PE of 9x/7.3x, respectively. We maintain Buy on the stock with unchanged target price of Rs 290, valuing the stock at 10.5x FY21E EPS (as we roll forward to FY21E).
... Read more
18-Apr-19
Price @ Call: 231.25
Target: 290
BUY
Based on FY19E/FY20E/21E EPS of Rs 19.8/Rs 24.2/Rs 30.1, the stock is trading at PE of 11.7x/9.5x/7.7, respectively. We initiate coverage on the stock with BUY rating and target price of Rs 290. We have valued the stock at 12x FY20E EPS of Rs 24.2, which is close to its last five years average forward PE of 11.6x.
... Read more
8-Feb-19
Price @ Call: 185.81
Target: 265
BUY

HIMATSEIDE Share Price Target - Broker Reports - 2018

31-May-18
Price @ Call: 351.57
Target: 421
BUY
15-Feb-18
Price @ Call: 369.5
Target: 459
BUY

HIMATSEIDE Share Price Target - Broker Reports - 2016

25-May-16
Price @ Call: 216
Target: 307
BUY
14-Aug-16
Price @ Call: 269
Target: 307
BUY
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  • HIMATSEIDE Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 361.68
    Upside Target 260.97
    Upside Target 159.73
    Pivot59.02
    Downside Target 157.78
    Downside Target 257.07
    Downside Target 355.83
  • HIMATSEIDE Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 364.87
    Upside Target 263.38
    Upside Target 161.22
    Pivot59.73
    Downside Target 157.57
    Downside Target 256.08
    Downside Target 353.92
  • HIMATSEIDE Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 396.95
    Upside Target 283.45
    Upside Target 173
    Pivot59.5
    Downside Target 149.05
    Downside Target 235.55
    Downside Target 325.1
  • HIMATSEIDE Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 360.97
    Upside Target 260.22
    Upside Target 159.76
    Pivot59.02
    Downside Target 158.27
    Downside Target 257.81
    Downside Target 357.07
  • HIMATSEIDE Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 363.38
    Upside Target 261.99
    Upside Target 161.13
    Pivot59.73
    Downside Target 158.34
    Downside Target 257.48
    Downside Target 356.08
  • HIMATSEIDE Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 383.45
    Upside Target 274.3
    Upside Target 168.65
    Pivot59.5
    Downside Target 150.35
    Downside Target 244.7
    Downside Target 335.55
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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