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LGBBROSLTD Consensus Forecast

No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
336.5
Consensus Potential
26.53%

LGBBROSLTD Price Target Potential

BrokerageTargetPotential
CD Equisearch27613.32%

LGBBROSLTD Targets in FrontPage Forums

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LGBBROSLTD Ratings

Long term LGBBROSLTD rating by FrontPage users
5/5 (1 Ratings)

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

LGBBROSLTD Share Price Target - Broker Reports - 2020

18-Jun-20
Price @ Call: 214.8
Target: 276
BUY

LGBBROSLTD Share Price Target - Broker Reports - 2019

29-Oct-19
Price @ Call: 254.45
Target: 397
BUY
The stock currently trades at 10.5x FY20 e EPS of Rs 24.48 and 7.8x FY21e EPS of Rs 33.08. Gloominess over the state of consumer spending trends in India has cast shadow on demand recovery in several industries - textiles, consumer durables, automobiles, to name a few. Yet softening interest rates coupled with recently announced corporate tax cut is expected to revive the private investment cycle (though not sturdily) over the next few quarters. The automobile industry is also expected to turn the corner anytime soon helping the fortunes of auto component suppliers who have been ravaged by demand slowdown. LGB would be no exception for its volumes are estimated to rise by some 10% next fiscal on higher margins. Given modest valuation (compared to historic trends) we advise buy the stock at current levels with revised target of Rs 397 (previous target: Rs 544) based on 12x FY21e earnings.
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18-Feb-19
Price @ Call: 384.3
Target: 544
BUY
The stock currently trades at 12.2x FY19e EPS of Rs 31.63 and 9.9x FY20e EPS of Rs 38.87. Apart from higher capacities, the commissioning of Chennai plant sometime early next fiscal would strengthen its OEM engagement. Ample scope exists for capacity ramp up at this plant as and when required. Amplified by modest volume growth (in excess of 10% for both the bossiness) earnings are projected to rise 16.4% on mid-teen growth in revenues. On balance we maintain our buy rating on the stock with target of Rs 544 (previous target: Rs 662) based on 14x FY20e earnings.
... Read more

LGBBROSLTD Share Price Target - Broker Reports - 2018

28-Feb-18
Price @ Call: 544.35
Target: 662
BUY

LGBBROSLTD Share Price Target - Broker Reports - 2017

29-Mar-17
Price @ Call: 304.5
Target: 351.5
BUY

LGBBROSLTD Share Price Target - Broker Reports - 2016

25-Oct-16
Price @ Call: 681
Target: 784
BUY
2-Nov-16
Price @ Call: 677
Target: 847
BUY
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  • LGBBROSLTD Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3253.92
    Upside Target 2249.88
    Upside Target 1244.37
    Pivot240.33
    Downside Target 1234.82
    Downside Target 2230.78
    Downside Target 3225.27
  • LGBBROSLTD Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3300.53
    Upside Target 2280.02
    Upside Target 1259.63
    Pivot239.12
    Downside Target 1218.73
    Downside Target 2198.22
    Downside Target 3177.83
  • LGBBROSLTD Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3336.43
    Upside Target 2297.97
    Upside Target 1271.93
    Pivot233.47
    Downside Target 1207.43
    Downside Target 2168.97
    Downside Target 3142.93
  • LGBBROSLTD Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3249.88
    Upside Target 2246.24
    Upside Target 1243.98
    Pivot240.33
    Downside Target 1236.69
    Downside Target 2234.43
    Downside Target 3230.78
  • LGBBROSLTD Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3280.02
    Upside Target 2264.39
    Upside Target 1254.74
    Pivot239.12
    Downside Target 1223.49
    Downside Target 2213.84
    Downside Target 3198.22
  • LGBBROSLTD Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3297.97
    Upside Target 2273.33
    Upside Target 1258.11
    Pivot233.47
    Downside Target 1208.83
    Downside Target 2193.61
    Downside Target 3168.97
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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