1 MAGMA share price target reports by brokerages below. See what is analyst's view on MAGMA 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.
Magma was on track in its transformation journey, but emerging challenges—macro and management change—impacted Q1FY20 performance. We anticipate near-term challenges to persist, but valuation at 0.6x FY21E lends comfort. Hence, maintain ‘BUY/SP’.
MAGMA Share Price Target Today- Technical Pivot Points (Classic)
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Upside Target 3
29.45
Upside Target 2
28.15
Upside Target 1
27.15
Pivot
25.85
Downside Target 1
24.85
Downside Target 2
23.55
Downside Target 3
22.55
MAGMA Share Price Target weekly- Technical Pivot Points (Classic)
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Upside Target 3
33.25
Upside Target 2
30.05
Upside Target 1
28.1
Pivot
24.9
Downside Target 1
22.95
Downside Target 2
19.75
Downside Target 3
17.8
MAGMA Share Price Target monthly- Technical Pivot Points (Classic)
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Upside Target 3
52.3
Upside Target 2
41.8
Upside Target 1
34.45
Pivot
23.95
Downside Target 1
16.6
Downside Target 2
6.1
Downside Target 3
-1.25
MAGMA Share Price Target today- Technical Pivot Points (Fibonacci)
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Upside Target 3
28.15
Upside Target 2
27.27
Upside Target 1
26.73
Pivot
25.85
Downside Target 1
24.97
Downside Target 2
24.43
Downside Target 3
23.55
MAGMA Share Price Target weekly- Technical Pivot Points (Fibonacci)
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Upside Target 3
30.05
Upside Target 2
28.08
Upside Target 1
26.87
Pivot
24.9
Downside Target 1
22.93
Downside Target 2
21.72
Downside Target 3
19.75
MAGMA Share Price Target monthly- Technical Pivot Points (Fibonacci)
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Upside Target 3
41.8
Upside Target 2
34.98
Upside Target 1
30.77
Pivot
23.95
Downside Target 1
17.13
Downside Target 2
12.92
Downside Target 3
6.1
MAGMA Peer Stocks - Share Price Targets
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SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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