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PRAJIND Share Price Target

Praj Industries Ltd.
NSE: PRAJIND | BSE: 522205 | ISIN: INE074A01025 | Sector: Engineering

PRAJIND Rating

4/5 (4 Ratings)
PRAJIND Share Price *
103.6 -3.7 (-3.45%)
* (quote may be delayed)

4 PRAJIND share price target reports by brokerages below. See what is analyst's view on PRAJIND 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 PRAJIND share price target tomorrow or next week from PRAJIND discussion forum.

PRAJIND Share Price Forecast - Consensus
No. of reports in last year
4
No. of analysts
1
Average Consensus Forecast
131.50
Consensus Potential
17.71%

PRAJIND Share Price Target - Broker Reports - 2019

10-Dec-19
Price @ Call: 100.95
Target: 115
ADD
The praj stock is trading at 21.1x and 19.8x on FY20E and FY21E earnings respectively. We value the stock at 22x FY21E (average PE) and arrive at a price target of Rs 115 (Rs 126 earlier), which provides upside of 14% from current levels. We retain “ADD” rating on the stock in view of the moderate upside.
... Read more

25-Oct-19
Price @ Call: 108.15
Target: 126
ADD
The praj stock is trading at 23.4x and 20.1x on FY20E and FY21E earnings respectively. Improved order book and tax savings has led to earnings upgrade. We value the stock at 22.5x FY21E (average PE) and arrive at a price target of Rs 126 (Rs 115 earlier), which provides upside of 12% from current levels. Weupgrade rating on the stock to “ADD” given moderate upside.
... Read more

17-Jul-19
Price @ Call: 127
Target: 139
ADD
Since the opportunity size is large in Bio CNG and 2G ethanol, we believe that the stock valuations could continue to be resilient. We thus value the stock at 23x FY21E (average PE of 24x) and arrive at a price target of Rs 139 (Rs 146 earlier), which provides upside of 10% from current levels. We maintain our“ADD” rating on the stock given moderate upside.
... Read more

20-May-19
Price @ Call: 128.95
Target: 146
ADD
Since the opportunity size is large in Bio CNG and 2G ethanol, we believe that the stock valuations could continue to be resilient. We thus value the stock at 23x FY21E (earlier 23x FY20E) and arrive at a price target of Rs 146, which provides upside of 12% from current levels. We maintain our “ADD” rating on the stock given moderate upside.
... Read more

5-Feb-19
Price @ Call: 128.75
Target: 150
BUY

PRAJIND Share Price Target - Broker Reports - 2018

18-May-18
Price @ Call: 98.2
Target: 89
SELL

17-May-18
Price @ Call: 97.5
Target: 115
BUY

PRAJIND Share Price Target - Broker Reports - 2017

18-Aug-17
Price @ Call: 70.15
Target: 85
BUY

25-May-17
Price @ Call: 77
Target: 93
BUY

PRAJIND Share Price Target - Broker Reports - 2016

20-Jun-16
Price @ Call: 88
Target: 97
BUY

  • PRAJIND - Share Price Target Potential

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    BrokerageTargetPotential
    Kotak Securities1156.70%
  • PRAJIND Share Price Target Today- Technical Pivot Points (Classic)

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    Upside Target 3109.8
    Upside Target 2108.4
    Upside Target 1106
    Pivot104.6
    Downside Target 1102.2
    Downside Target 2100.8
    Downside Target 398.4
  • PRAJIND Share Price Target weekly- Technical Pivot Points (Classic)

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    Upside Target 3115.3
    Upside Target 2112.6
    Upside Target 1107.9
    Pivot105.2
    Downside Target 1100.5
    Downside Target 297.8
    Downside Target 393.1
  • PRAJIND Share Price Target monthly- Technical Pivot Points (Classic)

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    Upside Target 3154.55
    Upside Target 2142.15
    Upside Target 1127.5
    Pivot115.1
    Downside Target 1100.45
    Downside Target 288.05
    Downside Target 373.4
  • PRAJIND Share Price Target today- Technical Pivot Points (Fibonacci)

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    Upside Target 3108.4
    Upside Target 2106.95
    Upside Target 1106.05
    Pivot104.6
    Downside Target 1103.15
    Downside Target 2102.25
    Downside Target 3100.8
  • PRAJIND Share Price Target weekly- Technical Pivot Points (Fibonacci)

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    Upside Target 3112.6
    Upside Target 2109.77
    Upside Target 1108.03
    Pivot105.2
    Downside Target 1102.37
    Downside Target 2100.63
    Downside Target 397.8
  • PRAJIND Share Price Target monthly- Technical Pivot Points (Fibonacci)

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    Upside Target 3142.15
    Upside Target 2131.82
    Upside Target 1125.43
    Pivot115.1
    Downside Target 1104.77
    Downside Target 298.38
    Downside Target 388.05
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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