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NRBBEARING Share Price Target
NRB Bearings Ltd.
Sector: Engineering
Sector: Engineering
NRBBEARING Share Price *
96.1 -3.3 (-3.32%)
* (quote may be delayed)
NRBBEARING Share Price Forecast - Consensus
| No. of reports in last year | 5 |
| No. of analysts | 3 |
| Average Consensus Forecast | 206.40 |
| Consensus Potential | 51.66% |
NRBBEARING Share Price Target - Broker Reports - 2019
ICICIdirect.com
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.
Karvy Stock Broking
13-Feb-19
Price @ Call: 190.85
Target: 200
HOLD
ICICIdirect.com
7-Feb-19
Price @ Call: 186.45
Target: 215
BUY
NRBBEARING Share Price Target - Broker Reports - 2018
ICICIdirect.com
13-Nov-18
Price @ Call: 184.16
Target: 215
BUY
HDFC Securities
5-Nov-18
Price @ Call: 166.1
Target: 217
BUY
HDFC Securities
14-Aug-18
Price @ Call: 179.3
Target: 217
BUY
ICICIdirect.com
10-Aug-18
Price @ Call: 178.82
Target: 215
BUY
HDFC Securities
23-May-18
Price @ Call: 159.29
Target: 217
BUY
Karvy Stock Broking
28-Feb-18
Price @ Call: 161.99
Target: 190
BUY
NRBBEARING Share Price Target - Broker Reports - 2017
ICICIdirect.com
15-Nov-17
Price @ Call: 142.9
Target: 170
BUY
ICICIdirect.com
10-Oct-17
Price @ Call: 121
Target: 160
BUY
ICICIdirect.com
17-Aug-17
Price @ Call: 118.1
Target: 130
HOLD
HDFC Securities
9-Jun-17
Price @ Call: 133.95
Target: 161
BUY
ICICIdirect.com
29-May-17
Price @ Call: 118
Target: 123
HOLD
NRBBEARING Share Price Target - Broker Reports - 2016
ICICIdirect.com
15-Nov-16
Price @ Call: 115
Target: 120
HOLD
Nirmal Bang
20-Jun-16
Price @ Call: 113.62
Target: 133
BUY
ICICIdirect.com
27-May-16
Price @ Call: 115
Target: 124
HOLD