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JSL Share Price Target

Jindal Stainless Ltd.
NSE: JSL | BSE: 532508 | ISIN: INE220G01021 | Sector: Iron and Steel

JSL Rating

5/5 (1 Ratings)
JSL Share Price *
41.85 +2.75 (7.03%)
* (quote may be delayed)

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

JSL Share Price Forecast - Consensus
No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
65.00
Consensus Potential
39.85%

JSL Share Price Target - Broker Reports - 2019

20-Mar-19
Price @ Call: 40.4
Target: 65
BUY
After a precipitous decline of 75% over 11 months through January 2019, the Jindal Stainless (JSL) stock has bounced back 55%. In the past one year, the stock has exhibited greater volatility than both peers and LME nickel (Ni) owing to concerns around: 1) pledging of promoters’ shares; and 2) delay in exit from the CDR mechanism. We believe that concerns around pledging are overdone and the CDR exit is around the corner. In addition, LME Ni prices have started rising owing to a foreseeable deficit over the medium term. Hence, we are raising FY20/21E LME Ni and stainless steel prices by 22% and 12%, respectively. Consequently, our FY20E/FY21E EBITDA too has risen 14%/11%. Maintain ‘BUY’ with a revised TP of INR65 (versus INR40 earlier) on an unchanged exit multiple of 5x September 2020E EBITDA. That said, we believe about 50% upside potential is fraught with volatility until the aforesaid concerns fade away.
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JSL Share Price Target - Broker Reports - 2018

27-Sep-18
Price @ Call: 59
Target: 100
BUY

30-Aug-18
Price @ Call: 68.7
Target: 100
BUY

20-Jul-18
Price @ Call: 55.99
Target: 100
BUY

10-May-18
Price @ Call: 85.8
Target: 125
BUY

8-May-18
Price @ Call: 89.8
Target: 107
BUY

JSL Share Price Target - Broker Reports - 2017

30-Oct-17
Price @ Call: 117
Target: 329
BUY

  • JSL - Share Price Target Potential

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    BrokerageTargetPotential
    Edelweiss6539.85%
  • JSL Share Price Target Today- Technical Pivot Points (Classic)

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    Upside Target 341.08
    Upside Target 240.57
    Upside Target 139.83
    Pivot39.32
    Downside Target 138.58
    Downside Target 238.07
    Downside Target 337.33
  • JSL Share Price Target weekly- Technical Pivot Points (Classic)

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    Upside Target 345.67
    Upside Target 244.48
    Upside Target 142.77
    Pivot41.58
    Downside Target 139.87
    Downside Target 238.68
    Downside Target 336.97
  • JSL Share Price Target monthly- Technical Pivot Points (Classic)

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    Upside Target 355.82
    Upside Target 251.53
    Upside Target 145.92
    Pivot41.63
    Downside Target 136.02
    Downside Target 231.73
    Downside Target 326.12
  • JSL Share Price Target today- Technical Pivot Points (Fibonacci)

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    Upside Target 340.57
    Upside Target 240.09
    Upside Target 139.79
    Pivot39.32
    Downside Target 138.84
    Downside Target 238.54
    Downside Target 338.07
  • JSL Share Price Target weekly- Technical Pivot Points (Fibonacci)

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    Upside Target 344.48
    Upside Target 243.38
    Upside Target 142.69
    Pivot41.58
    Downside Target 140.48
    Downside Target 239.79
    Downside Target 338.68
  • JSL Share Price Target monthly- Technical Pivot Points (Fibonacci)

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    Upside Target 351.53
    Upside Target 247.75
    Upside Target 145.42
    Pivot41.63
    Downside Target 137.85
    Downside Target 235.52
    Downside Target 331.73
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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