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MAHINDCIE Share Price Target
Mahindra CIE Automotive Ltd.
Sector: Engineering
Sector: Engineering
MAHINDCIE Share Price *
161.2 -5.05 (-3.04%)
* (quote may be delayed)
MAHINDCIE Share Price Forecast - Consensus
| No. of reports in last year | 11 |
| No. of analysts | 4 |
| Average Consensus Forecast | 279.00 |
| Consensus Potential | 39.80% |
MAHINDCIE Share Price Target - Broker Reports - 2019
Karvy Stock Broking
11-Sep-19
Price @ Call: 160.1
Target: 244
BUY
In spite of muted growth expectation of 8.7% sales CAGR and 6% PAT CAGR over CY18-20, the MHCIE stock, based on CY20 estimates is quoting at attractive valuations of PE of 9.7x, EV/EBITDA of 5.0x and P/B of 1x. The stock is quoting at almost 50% discount to sectoral valuations (Refer page No.5) which we believe is unjustified. The Company is expected to generate Rs19bn operating cash over CY18-20E. We believe, the Company has completed its consolidation phase and likely to enter into growth phase through organic and inorganic route. Given the stable business growth outlook, improvement in balance sheet and decent return ratios, we believe stock is due for rerating. We maintain our "BUY" rating on the stock with a price target of Rs. 244 (PE of 15xCY20E earnings).
ICICIdirect.com
23-Jul-19
Price @ Call: 195.35
Target: 230
BUY
Geojit Financial Services
14-May-19
Price @ Call: 222.55
Target: 247
ACCUMULATE
Motilal Oswal
8-May-19
Price @ Call: 221.71
Target: 290
BUY
Karvy Stock Broking
8-May-19
Price @ Call: 221.71
Target: 304
BUY
Karvy Stock Broking
15-Apr-19
Price @ Call: 224
Target: 312
BUY
ICICIdirect.com
18-Mar-19
Price @ Call: 240.8
Target: 275
BUY
Karvy Stock Broking
25-Feb-19
Price @ Call: 230.9
Target: 321
BUY
ICICIdirect.com
25-Feb-19
Price @ Call: 230.31
Target: 275
BUY
MAHINDCIE Share Price Target - Broker Reports - 2018
Geojit Financial Services
23-Oct-18
Price @ Call: 262.6
Target: 281
HOLD
ICICIdirect.com
19-Oct-18
Price @ Call: 262.15
Target: 290
BUY
GEPL Capital
23-Jul-18
Price @ Call: 244
Target: 306
BUY
Geojit Financial Services
26-Apr-18
Price @ Call: 240.2
Target: 280
BUY
Motilal Oswal
20-Apr-18
Price @ Call: 240.15
Target: 298
BUY
ICICIdirect.com
20-Apr-18
Price @ Call: 240.15
Target: 280
BUY
Axis Direct
28-Feb-18
Price @ Call: 238.45
Target: 274
BUY
Motilal Oswal
22-Feb-18
Price @ Call: 228
Target: 303
BUY
ICICIdirect.com
22-Feb-18
Price @ Call: 228
Target: 280
BUY
Motilal Oswal
24-Jan-18
Price @ Call: 239.8
Target: 297
BUY
MAHINDCIE Share Price Target - Broker Reports - 2017
Motilal Oswal
27-Dec-17
Price @ Call: 251.59
Target: 297
BUY
Axis Direct
1-Nov-17
Price @ Call: 249.92
Target: 282
BUY
Geojit Financial Services
27-Oct-17
Price @ Call: 245.55
Target: 304
BUY
ICICIdirect.com
26-Oct-17
Price @ Call: 252
Target: 280
BUY
Geojit Financial Services
14-Sep-17
Price @ Call: 244.7
Target: 291
BUY
Axis Direct
28-Jul-17
Price @ Call: 245
Target: 270
BUY
ICICIdirect.com
24-Jul-17
Price @ Call: 248
Target: 279
BUY
Geojit Financial Services
21-Jul-17
Price @ Call: 245
Target: 291
BUY
Rudra Shares & Stocks Brokers
12-Jul-17
Price @ Call: 240
Target: 308
BUY
Axis Direct
4-May-17
Price @ Call: 244
Target: 269
BUY
ICICIdirect.com
2-May-17
Price @ Call: 244.5
Target: 280
BUY
Axis Direct
3-Mar-17
Price @ Call: 205
Target: 229
BUY
ICICIdirect.com
28-Feb-17
Price @ Call: 200
Target: 225
BUY
Systematix Shares & Stocks
27-Feb-17
Price @ Call: 202
Target: 280
BUY
MAHINDCIE Share Price Target - Broker Reports - 2016
ICICIdirect.com
26-Oct-16
Price @ Call: 194.25
Target: 225
BUY
Axis Direct
26-Oct-16
Price @ Call: 194
Target: 220
BUY
ICICIdirect.com
15-Sep-16
Price @ Call: 191
Target: 225
BUY
Axis Direct
5-Aug-16
Price @ Call: 178
Target: 182
HOLD
ICICIdirect.com
26-Apr-16
Price @ Call: 204
Target: 225
BUY