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MOIL Share Price Target
MOIL Ltd.
Sector: Mining
Sector: Mining
MOIL Share Price *
120.5 -0.85 (-0.7%)
* (quote may be delayed)
MOIL Share Price Forecast - Consensus
| No. of reports in last year | 7 |
| No. of analysts | 2 |
| Average Consensus Forecast | 210.86 |
| Consensus Potential | 41.69% |
MOIL Share Price Target - Broker Reports - 2019
Kotak Securities
1-Aug-19
Price @ Call: 134.9
Target: 180
BUY
Given the slowdown in the steel industry, manganese ore demand is expected to remain muted, which will keep prices under pressure. We are factoring volume of 1.3MT for FY20E and FY21E and lower our realization assumption, resulting in downward revision in our earnings to Rs16.2 (earlier Rs17.9) and Rs16.7 (earlier Rs18.6) At CMP, the stock trades at 8.3x/8.0x FY20E/FY21E earnings and on EV/EBITDA, it trades at 2.1x/1.6x FY20E/FY21E EBITDA. We continue to maintain our positive view on the stock, given the strong balance sheet and dividend yield of ~4%. Reiterate BUY with a revised target price of Rs180 (earlier Rs190).
Kotak Securities
4-Jun-19
Price @ Call: 155.9
Target: 190
BUY
we have revised our earnings estimates for FY20E to Rs17.9 (earlier Rs18) and introducing FY21E with an EPS of Rs18.6. At CMP, the stock trades at 8.7x/8.4x FY20E/FY21E earnings and on EV/EBITDA, it trades at 2.9x/2.3x FY20E/FY21E EBITDA. We continue to maintain our positive view on the stock, given the strong balance sheet (Rs23.8 bn of cash & cash equivalents) and dividend yield of ~4%. Reiterate BUY with revised target price of Rs190 (earlier Rs200), as we roll forward our multiple (3.5x) to FY21E.
Karvy Stock Broking
27-May-19
Price @ Call: 157.5
Target: 223
BUY
We value the stock on 5 years average PE 10.3x of FY21E EPS which gives TP of Rs. 223 with potential upside of 40% and reiterate our ‘’BUY” rating on stock. However, key risks to valuation could be slowdown in domestic economy and lingering of global trade war.
Kotak Securities
8-Apr-19
Price @ Call: 159.8
Target: 200
BUY
Kotak Securities
12-Feb-19
Price @ Call: 156.75
Target: 200
BUY
Karvy Stock Broking
11-Feb-19
Price @ Call: 160.25
Target: 223
BUY
MOIL Share Price Target - Broker Reports - 2018
Kotak Securities
30-Nov-18
Price @ Call: 167.86
Target: 260
BUY
Kotak Securities
13-Aug-18
Price @ Call: 173.9
Target: 260
BUY
BP Wealth
24-Apr-18
Price @ Call: 217.25
Target: 283
BUY
Kotak Securities
10-Apr-18
Price @ Call: 208.65
Target: 260
BUY
Kotak Securities
15-Feb-18
Price @ Call: 230.35
Target: 265
BUY
MOIL Share Price Target - Broker Reports - 2017
Kotak Securities
17-Nov-17
Price @ Call: 245.5
Target: 265
ACCUMULATE
Reliance Securities
16-Nov-17
Price @ Call: 246.95
Target: 259
HOLD
AnandRathi
30-Oct-17
Price @ Call: 267.95
Target: 335
BUY
Reliance Securities
4-Sep-17
Price @ Call: 187
Target: 203
BUY
Kotak Securities
17-Aug-17
Price @ Call: 181.9
Target: 205
BUY
Reliance Securities
19-Jul-17
Price @ Call: 161
Target: 203
BUY
Reliance Securities
6-Jun-17
Price @ Call: 168
Target: 203
BUY
HDFC Securities
2-Jun-17
Price @ Call: 167.5
Target: 222.5
BUY
HDFC Securities
15-Feb-17
Price @ Call: 178
Target: 222.5
BUY