FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
MIDHANI Consensus Forecast
No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
256
Consensus Potential
27.48%
MIDHANI Price Target Potential
| Brokerage | Target | Potential |
|---|
MIDHANI Ratings
Long term MIDHANI rating by FrontPage users
- ★★
- ★★
- ★★
- ★★
- ★★
0/5 (0 Ratings)0
1 MIDHANI share price target reports by brokerages below. See what is analyst's view on MIDHANI 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.
- Home
- MIDHANI Forum
- MIDHANI Price Target
MIDHANI Share Price Target
MIDHANI Share Price Target - Broker Reports - 2020
ICICIdirect.com
23-Apr-20
Price @ Call: 212.55
Target: 256
BUY
On account of its high-end speciality product basket, Midhani distinguishes itself from a normal steel producer. Hence, unlike a commodity company, Midhani has not witnessed cyclicality in earnings wherein (since FY15) the company has been able to consistently report 21%+ EBITDA margins and 17%+ RoCE. With a healthy proportion of space sector orders in the overall order book, we expect overall EBITDA margins to remain firm in the ~30% range for the next couple of years. Going forward, in FY19-22E, we expect topline, EBITDA and PAT to grow at a CAGR of 12%, 18% and 19%, respectively. We value the stock at 20x FY22E EPS and arrive at a target price of | 256. We assign a BUY rating to the stock. Key risk to our call is any notable slowdown in space contract order inflow/execution.
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 2,00,000 Indian traders and discuss trades, strategies, news & views on any stock.
- keyboard_arrow_down
MIDHANI Peer Stocks - Share Price Targets
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.