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MMFL Consensus Forecast

No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
436
Consensus Potential
55.67%

MMFL Price Target Potential

BrokerageTargetPotential
CD Equisearch43655.67%

MMFL Targets in FrontPage Forums

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0% Bullish
0% Bearish
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MMFL Ratings

Long term MMFL rating by FrontPage users
3/5 (1 Ratings)

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

MMFL Share Price Target - Broker Reports - 2020

26-Feb-20
Price @ Call: 400.19
Target: 436
BUY
The stock currently trades at 18.4 x FY20e EPS of Rs 21.34 and 15.3x FY21e EPS of Rs 25.67. Since the auto industry is currently under stress, vigorous volume growth is not expected over the next few quarters. However, SIAM expects things to turnaround in 2020-21 with the upcoming scrappage policy. Revival in volumes would trigger OPM improvement thereby driving earnings growth of some 20.3% next fiscal. On balance, we assign “accumulate” rating on the stock with a target price of Rs 436 based on 17x FY21e EPS of Rs 25.67.
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MMFL Share Price Target - Broker Reports - 2019

27-Jun-19
Price @ Call: 487.5
Target: 510
HOLD
We estimate sales, EBITDA, PAT will grow at 13.1%, 14.8%, 9.7% CAGR, respectively, in FY19P-21E. With the CV industry in India and the US likely to peak out in FY20E, volume growth prospects appear moderate, going forward. We value the company at 12.5x FY21E EPS of | 40.6/share to arrive at a target price of Rs 510. We have a HOLD rating on the stock. We do not ascribe any value to the 2018 acquisition of DVS Industries as profitability at the subsidiary is muted and operations are yet to turn around.
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MMFL Share Price Target - Broker Reports - 2018

27-Dec-18
Price @ Call: 650
Target: 719
ACCUMULATE
21-Sep-18
Price @ Call: 596.37
Target: 809
BUY
31-Jul-18
Price @ Call: 618.9
Target: 777
BUY
18-Jul-18
Price @ Call: 682
Target: 825
BUY
14-Jun-18
Price @ Call: 660.05
Target: 825
BUY
18-Jan-18
Price @ Call: 572
Target: 700.5
BUY

MMFL Share Price Target - Broker Reports - 2017

29-Nov-17
Price @ Call: 438.75
Target: 643.75
BUY
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  • MMFL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3205.67
    Upside Target 2201.33
    Upside Target 1194.67
    Pivot190.33
    Downside Target 1183.67
    Downside Target 2179.33
    Downside Target 3172.67
  • MMFL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3214
    Upside Target 2207
    Upside Target 1200.15
    Pivot193.15
    Downside Target 1186.3
    Downside Target 2179.3
    Downside Target 3172.45
  • MMFL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3255.67
    Upside Target 2232.33
    Upside Target 1208.17
    Pivot184.83
    Downside Target 1160.67
    Downside Target 2137.33
    Downside Target 3113.17
  • MMFL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3201.33
    Upside Target 2197.13
    Upside Target 1194.54
    Pivot190.33
    Downside Target 1186.13
    Downside Target 2183.54
    Downside Target 3179.33
  • MMFL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3207
    Upside Target 2201.71
    Upside Target 1198.44
    Pivot193.15
    Downside Target 1187.86
    Downside Target 2184.59
    Downside Target 3179.3
  • MMFL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3232.33
    Upside Target 2214.19
    Upside Target 1202.98
    Pivot184.83
    Downside Target 1166.69
    Downside Target 2155.48
    Downside Target 3137.33
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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