FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
forum
MOIL Share Price Target
MOIL Ltd.
NSE: MOIL | BSE: 533286 | ISIN: INE490G01020 | Sector: Mining
MOIL Rating
- ★★
- ★★
- ★★
- ★★
- ★★
5/5 (7 Ratings)
MOIL Share Price *
138.55 +0.75 (0.54%)
* (quote may be delayed)
6 MOIL share price target reports by brokerages below. See what is analyst's view on MOIL 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.
You can also find MOIL share price target tomorrow or next week from MOIL discussion forum.
MOIL Share Price Forecast - Consensus
| No. of reports in last year | 6 |
| No. of analysts | 2 |
| Average Consensus Forecast | 188.17 |
| Consensus Potential | 26.03% |
MOIL Share Price Target - Broker Reports - 2020
Kotak Securities
8-Feb-20
Price @ Call: 152.04
Target: 170
ADD
MOIL Share Price Target - Broker Reports - 2019
Kotak Securities
21-Nov-19
Price @ Call: 143.35
Target: 166
BUY
We believe, given the slowdown in the steel industry, manganese ore demand is expected to remain muted and same would reflect on the price. We are factoring volume of 1.3MT for FY20E and FY21E and lower our realization assumption, resulting in the downward revision in our earnings to Rs16.5 (earlier Rs18) and Rs17.1 (earlier Rs18.9). At CMP, the stock trades at 8.6x/8.3x FY20E/FY21E earnings and on EV/EBITDA, it trades at 3x/2.4x 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 revised target price of Rs166 (earlier Rs185).
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
Backed by the firm international price and strong demand at the beginning of FY19, MOIL had increased manganese ore prices across all the grades. The uptick in the prices was also supported by lower supply from the domestic miners. But, due to weak demand and subdued international prices in 2HFY19, the manganese ore prices were muted in the domestic market. The company had revised its prices downwards in 3QFY19 and the impact of same will be reflected in Q4FY19 numbers, in our view, but the same has been negated by higher volume of non-fines, implies from the provisional revenue number, reported by the company. Given its strong business model, robust balance sheet with strong liquidity positions and its dominant position in the domestic market supports our positive stance on the stock. At CMP, the stock trades at 10.4x/8.5x/8.5x FY19E/FY20E/FY21E earnings and on EV/EBITDA, it trades at 4.0x/2.7x/2.3x FY19E/FY20E/FY21E EBITDA, and trading at a discount to its historical average. We reiterate our BUY rating, with an unchanged target price of Rs200.
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
Reliance Securities
16-Nov-17
Price @ Call: 246.95
Target: 259
HOLD
Kotak Securities
17-Nov-17
Price @ Call: 245.5
Target: 265
ACCUMULATE
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
- keyboard_arrow_down
MOIL 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.