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L&TFH Consensus Forecast

No. of reports in last year
3
No. of analysts
1
Average Consensus Forecast
78.67
Consensus Potential
-17.97%

L&TFH Price Target Potential

BrokerageTargetPotential
Prabhudas Lilladher870.86%

L&TFH Targets in FrontPage Forums

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L&TFH Ratings

Long term L&TFH rating by FrontPage users
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5/5 (2 Ratings)
3 L&TFH share price target reports by brokerages below. See what is analyst's view on L&TFH 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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L&TFH Share Price Target

L&TFH Share Price Target - Broker Reports - 2021

19-Jul-21
Price @ Call: 90.5
Target: 87
REDUCE
18-Jan-21
Price @ Call: 105.76
Target: 97
REDUCE

L&TFH Share Price Target - Broker Reports - 2020

23-Oct-20
Price @ Call: 64.35
Target: 52
SELL
22-Jan-20
Price @ Call: 119.1
Target: 145
BUY
Over the past year, LTFH has reported a healthy operating performance and asset quality, despite the tough liquidity situation. It continued to ‘retailize’ the loan book while running down the de-focused segments. The scale-up of the new consumer lending product will be closely monitored. Although the asset quality performance has been healthy even amidst the tough economic scenario, it should be keenly monitored. We cut our estimate by 2-4%. Maintain Buy with a target price of INR145 (1.5x Dec’21E BVPS).
... Read more
21-Jan-20
Price @ Call: 118.15
Target: 99
SELL
While seasonality aided steadying asset quality in Q3 (5.9% GNPA, 4bps decline QoQ), we build in weak collection trends on rural business side. Against this backdrop, we incorporate asset quality pressures (avg 6.4% NPA/200bps+ credit cost) and subdued growth (16%) translating into structurally lower RoEs of ~15% by FY22. We downgrade the stock to SELL in light of our structural call of caution on wholesale/real estate led business models and strong stock momentum over past 3 months (50%). We value the core book at 1x PABV Sep’21 estimates arriving at SoTP of Rs99.
... Read more

L&TFH Share Price Target - Broker Reports - 2019

27-Nov-19
Price @ Call: 107.23
Target: 130
BUY
TheAMC business has witnessed 44% AAAUM CAGR over the past three years,with the share of equity increasing from 41% to 55%. With improving profitability, we believe this business is on track to deliver INR2b+ PAT in FY22 (post INR500m amortization of goodwill). Current valuation of 1.0xSep’21 EBVPS is undemanding. The company is poised to deliver steady retail loan growth, increasing share of AMC profits and healthy RoE (16-17%). Buy rating with a target price of INR130 (1.3x Sep’21E BVPS).
... Read more
23-Jul-19
Price @ Call: 107.93
Target: 140
BUY
Valuation and view: Over the past year, LTFH has reported a healthy operating performance and asset quality, despite the tough liquidity situation. It has also made contingency provisions (now INR3.5b). The plan to deprioritize structured finance and DCM is in sync with its target of ‘retailization’ of balance sheet. However, we cut our EPS estimate by 4-8% to account for lower growth. Buy with a TP of INR140 (1.5x FY21E BVPS).
... Read more
4-Jul-19
Price @ Call: 119.6
Target: 160
BUY
With strong execution skills, the company is set to deliver 18%+ (Guidance of 18-20% over next 5 years) loan CAGR over FY19-21E driven by Retailization theme. LTFH has clocked ROE of around 18% in FY19 from 10% in FY17. With 18%+ ROE expected in FY20 & FY21, its BV is coming to `93/- per share (BV `80/- in FY21 incl stressed asset). At CMP of `120 it is trading at 1.50 times FY21P/B which offers decent risk-reward. Market is wary about IL&FS Saga w.r.t. uncertainity relating to repayment which the company is confident about the recovery of the same. Considering the above risk Maintain Buy with a TP of `160 based on 2x Mar’21 BVPS (Incl stressed asset). Any positive action on IL&FS repayment will lead to re-rating of the stock.
... Read more
3-May-19
Price @ Call: 130.85
Target: 178
ACCUMULATE
LTFH Q4FY19 earnings stood strong backed by lower YoY provisions, improved asset quality and somber NII performance. However, slowing disbursals, ILFS interest reversals took a toll on operating metrics of the company. Going ahead, conservative wholesale lending, retail product innovation and need for further provisioning (despite prudential provisions) would continue to weigh upon operating performance of the company. Factoring in adequate conservatism on growth (17-18% YoY), NIM+Fees (6.4- 6.9%), asset quality (NPA uptick to 6.3% from current 5.9%) and provisions (~185bps+ credit costs) translating into 2.3-2.4% RoAs and 17.0-17.6% RoEs over FY20-21E. Market headwinds refuse to abate calling for caution on developer financing (Rs 8bn Supertech primarily; refer Supertech Visit Update), beleaguered ILFS exposure (Rs18bn) and allied lumpy wholesale portfolios. Reiterate ACCUMULATE, TP of Rs177 based on 1.8x Mar-21 lending ABV, Sub Rs29.
... Read more
11-Apr-19
Price @ Call: 145.45
Target: 177
ACCUMULATE
While we laud the continued strong trend on loans and earnings, we remain mindful towards the possibility of elevated provision requirement (besides Rs 2.7bn macro prudential provisions; o/w Rs 0.9bn: housing). We continue to incorporate higher credit costs (170-225bps over FY19-21E) primarily led by concerns over developer finance business and lumpy high ticket exposures. Against this backdrop and given the recent price momentum, we reiterate ACCUMULATE rating on the stock with TP of Rs177 based on 2.0x Mar-21 lending ABV and Sub value of Rs33. The stock trades at 2.4x P/ABV FY20E, 1.9x FY21. Reiterate Accumulate.
... Read more
23-Jan-19
Price @ Call: 136.9
Target: 185
BUY
23-Jan-19
Price @ Call: 136.9
Target: 172
ACCUMULATE

L&TFH Share Price Target - Broker Reports - 2018

16-Nov-18
Price @ Call: 133.68
Target: 175
BUY
26-Oct-18
Price @ Call: 116.95
Target: 170
ACCUMULATE
31-Jul-18
Price @ Call: 175.55
Target: 233
BUY
2-Aug-18
Price @ Call: 176.45
Target: 250
BUY
24-Jul-18
Price @ Call: 170.75
Target: 240
BUY
24-Jul-18
Price @ Call: 166.03
Target: 202
BUY
11-May-18
Price @ Call: 178.24
Target: 233
BUY
7-May-18
Price @ Call: 176.94
Target: 250
BUY
8-May-18
Price @ Call: 176.94
Target: 240
BUY
4-May-18
Price @ Call: 171.65
Target: 230
BUY
16-Apr-18
Price @ Call: 168.86
Target: 240
BUY
29-Jan-18
Price @ Call: 178.53
Target: 245
BUY
25-Jan-18
Price @ Call: 178.62
Target: 230
BUY

L&TFH Share Price Target - Broker Reports - 2017

13-Dec-17
Price @ Call: 166.35
Target: 235
BUY
30-Oct-17
Price @ Call: 198.55
Target: 226
BUY
30-Oct-17
Price @ Call: 198.55
Target: 235
BUY
27-Oct-17
Price @ Call: 199.81
Target: 240
BUY
11-Aug-17
Price @ Call: 163.54
Target: 230
BUY
16-Oct-17
Price @ Call: 204.3
Target: 260
BUY
26-Sep-17
Price @ Call: 192.75
Target: 260
BUY
17-Aug-17
Price @ Call: 176.4
Target: 200
BUY
2-Aug-17
Price @ Call: 175.02
Target: 180
BUY
27-Jul-17
Price @ Call: 161
Target: 209
BUY
19-Jul-17
Price @ Call: 150.25
Target: 180
BUY
10-May-17
Price @ Call: 133
Target: 155
BUY
8-Feb-17
Price @ Call: 105
Target: 128
BUY
31-Jan-17
Price @ Call: 98
Target: 124
BUY

L&TFH Share Price Target - Broker Reports - 2016

4-Nov-16
Price @ Call: 101
Target: 122
BUY
27-Jul-16
Price @ Call: 85
Target: 90
BUY
22-Jul-16
Price @ Call: 76.45
Target: 112.5
HOLD
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  • L&TFH Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 392.12
    Upside Target 290.53
    Upside Target 189.42
    Pivot87.83
    Downside Target 186.72
    Downside Target 285.13
    Downside Target 384.02

  • L&TFH Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 394
    Upside Target 291.7
    Upside Target 190
    Pivot87.7
    Downside Target 186
    Downside Target 283.7
    Downside Target 382

  • L&TFH Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3111.83
    Upside Target 2106.47
    Upside Target 199.68
    Pivot94.32
    Downside Target 187.53
    Downside Target 282.17
    Downside Target 375.38

  • L&TFH Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 390.53
    Upside Target 289.5
    Upside Target 188.86
    Pivot87.83
    Downside Target 186.8
    Downside Target 286.16
    Downside Target 385.13

  • L&TFH Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 391.7
    Upside Target 290.17
    Upside Target 189.23
    Pivot87.7
    Downside Target 186.17
    Downside Target 285.23
    Downside Target 383.7

  • L&TFH Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3106.47
    Upside Target 2101.83
    Upside Target 198.96
    Pivot94.32
    Downside Target 189.68
    Downside Target 286.81
    Downside Target 382.17
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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