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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
Kotak Securities
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.
Kotak Securities
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.
Kotak Securities
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.
Kotak Securities
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.
Phillip Capital
5-Feb-19
Price @ Call: 128.75
Target: 150
BUY
PRAJIND Share Price Target - Broker Reports - 2018
Kotak Securities
18-May-18
Price @ Call: 98.2
Target: 89
SELL
Edelweiss
17-May-18
Price @ Call: 97.5
Target: 115
BUY
PRAJIND Share Price Target - Broker Reports - 2017
Edelweiss
18-Aug-17
Price @ Call: 70.15
Target: 85
BUY
Edelweiss
25-May-17
Price @ Call: 77
Target: 93
BUY
PRAJIND Share Price Target - Broker Reports - 2016
Dynamic Levels
20-Jun-16
Price @ Call: 88
Target: 97
BUY
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PRAJIND Peer Stocks - Share Price Targets
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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