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NRBBEARING Consensus Forecast

No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
85
Consensus Potential
2.82%

NRBBEARING Price Target Potential

BrokerageTargetPotential
ICICIdirect.com852.82%

NRBBEARING Targets in FrontPage Forums

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NRBBEARING Ratings

Long term NRBBEARING rating by FrontPage users
2/5 (1 Ratings)

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

NRBBEARING Share Price Target - Broker Reports - 2019

31-Oct-19
Price @ Call: 111.05
Target: 85
REDUCE
With a dip in growth expected in FY20E and sluggish environment overall, we expect revenue, EBITDA and PAT to de-grow 6.5%, 20.1% and 24.1% CAGR, respectively, in FY19-21E. We expect the recovery to be modest in FY21E but the timing of the same is difficult to envisage. On the whole, lower asset turns and volatile margins will negatively impact RoCEs, which are expected to decline to 12.3% in FY21E from 21% in FY19. The current valuations at 17.1x FY21E P/E mostly capture a recovery in auto demand and leave no upside. We value NRB at ~15x FY21E earnings to arrive at a target price of | 95/share. We have a REDUCE rating (earlier HOLD) on the stock.
... Read more
4-Jun-19
Price @ Call: 170.8
Target: 185
HOLD
With growth moderation expected in FY20E, we expect revenue, EBITDA and PAT to grow at 9.8%, 8.1% and 4.3% CAGR, respectively, in FY19-21E. NRB has executed a capex of ~Rs 50 crore in FY19. The company currently operates at utilisation levels of ~80%. For FY20-21E, NRB has planned a capex ~| 100-150 crore. Debt levels have gone up from ~Rs 173 crore in FY18 to ~Rs 260 crore in FY19. Going ahead, debt levels’ working capital management will be the key monitorable. We value NRB at ~15x FY21E earnings to arrive at a target price of Rs 185 per share. We have a HOLD recommendation on the stock.
... Read more
13-Feb-19
Price @ Call: 190.85
Target: 200
HOLD
In view of the changing market dynamics & NRBBR’s focus on exports revenue, we continue to maintain our positive view on the company. NRBBR is focusing on diversifying its product mix towards a friction solutions provider from bearings. Keeping higher valuations & lower anticipated revenue growth in view, we value NRBBR at 16x (5 year average of one year forward PE) to FY20E EPS of Rs.12.3 with a target price of Rs. 200, an upside of 12% and retain our “HOLD” rating. Slowdown in automotive segment along with volatility in raw material prices may pose threat to the call.
... Read more
7-Feb-19
Price @ Call: 186.45
Target: 215
BUY

NRBBEARING Share Price Target - Broker Reports - 2018

13-Nov-18
Price @ Call: 184.16
Target: 215
BUY
5-Nov-18
Price @ Call: 166.1
Target: 217
BUY
14-Aug-18
Price @ Call: 179.3
Target: 217
BUY
10-Aug-18
Price @ Call: 178.82
Target: 215
BUY
23-May-18
Price @ Call: 159.29
Target: 217
BUY
28-Feb-18
Price @ Call: 161.99
Target: 190
BUY

NRBBEARING Share Price Target - Broker Reports - 2017

15-Nov-17
Price @ Call: 142.9
Target: 170
BUY
10-Oct-17
Price @ Call: 121
Target: 160
BUY
17-Aug-17
Price @ Call: 118.1
Target: 130
HOLD
9-Jun-17
Price @ Call: 133.95
Target: 161
BUY
29-May-17
Price @ Call: 118
Target: 123
HOLD

NRBBEARING Share Price Target - Broker Reports - 2016

27-May-16
Price @ Call: 115
Target: 124
HOLD
15-Nov-16
Price @ Call: 115
Target: 120
HOLD
20-Jun-16
Price @ Call: 113.62
Target: 133
BUY
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  • NRBBEARING Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 386.77
    Upside Target 285.38
    Upside Target 182.92
    Pivot81.53
    Downside Target 179.07
    Downside Target 277.68
    Downside Target 375.22
  • NRBBEARING Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 392.05
    Upside Target 290
    Upside Target 186.3
    Pivot84.25
    Downside Target 180.55
    Downside Target 278.5
    Downside Target 374.8
  • NRBBEARING Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3113.2
    Upside Target 2101.05
    Upside Target 189.3
    Pivot77.15
    Downside Target 165.4
    Downside Target 253.25
    Downside Target 341.5
  • NRBBEARING Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 385.38
    Upside Target 283.91
    Upside Target 183
    Pivot81.53
    Downside Target 180.06
    Downside Target 279.15
    Downside Target 377.68
  • NRBBEARING Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 390
    Upside Target 287.8
    Upside Target 186.45
    Pivot84.25
    Downside Target 182.05
    Downside Target 280.7
    Downside Target 378.5
  • NRBBEARING Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3101.05
    Upside Target 291.92
    Upside Target 186.28
    Pivot77.15
    Downside Target 168.02
    Downside Target 262.38
    Downside Target 353.25
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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