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RATNAMANI Consensus Forecast

No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
1225
Consensus Potential
-68.06%

RATNAMANI Price Target Potential

BrokerageTargetPotential

RATNAMANI Targets in FrontPage Forums

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RATNAMANI Ratings

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

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

RATNAMANI Share Price Target - Broker Reports - 2019

30-Dec-19
Price @ Call: 1091.05
Target: 1225
BUY
Valuation: Healthy revenue visibility, reiterate Buy with a revised PT of Rs. 1,225: Based on management’s interaction, we have fine tuned our numbers and revised upwards our earnings by 16% and 9% for FY2020E and FY2021E, respectively, to factor in the favourable impact of lower corporate tax rate (to be adopted from Q3FY2020E). We expect the company to report revenue and earnings CAGR of 5.7% and 13.7%, respectively, during FY2019-FY2021E. At the CMP, the stock is trading at 16.7x/15.7x its FY2020E/ FY2021E earnings. We remain Positive on RMTL, led by its strong balance sheet and ability to generate superior return ratios despite capacity expansion programmes (however, commissioning has been slightly delayed by a quarter or so). We reiterate our Buy rating on the stock with a revised PT of Rs. 1,225.
... Read more
9-Aug-19
Price @ Call: 944.8
Target: 1150
BUY
Valuation: Maintain Buy, with PT of Rs 1,150: We fine-tuned our earnings estimates for FY2020E/FY2021E factoring in lower-than-expected revenue performance in Q1FY2020, which was offset by management’s margin guidance of 16-18% for FY2020E. We expect the company to report a CAGR of 13% and 12% during FY2019-21E. At CMP, the stock is trading at 16x/14x FY2020E/ FY2021E earnings. We remain Positive on RMTL, led by a strong balance sheet, its ability to generate superior return ratios despite capacity expansion programmes. We maintain our Buy rating on Ratnamani Metals & Tubes Limited (RMTL) with a PT of Rs. 1,150.
... Read more
3-Jun-19
Price @ Call: 945.61
Target: 1150
BUY
Maintain Buy, with revised PT of Rs 1150:
The management has provided volume growth of 15-20% during FY2020 on the back of improved demand outlook along with enhanced capacity in both CS and SS which will be available for commercial production throughout Q4FY2020. The management has also provided revenue and PAT growth guidance of 10-12% each for FY2020. We introduce FY2021E estimates and expect the company to report a revenue and earnings CAGR of 11.1% and 9.4% during FY2019- 21E. We remain Positive on RMTL, led by a strong balance sheet, its ability to generate superior return ratios despite capacity expansion programmes. We maintain our Buy rating on Ratnamani Metals & Tubes Limited (RMTL) with a revised PT of Rs. 1,150.
... Read more
1-Feb-19
Price @ Call: 877.94
Target: 1000
BUY

RATNAMANI Share Price Target - Broker Reports - 2018

13-Nov-18
Price @ Call: 884.57
Target: 1075
BUY
10-Aug-18
Price @ Call: 868.22
Target: 940
HOLD
10-Aug-18
Price @ Call: 868.22
Target: 1050
BUY
10-Aug-18
Price @ Call: 880
Target: 1150
BUY
27-Jun-18
Price @ Call: 921
Target: 1150
BUY
13-Feb-18
Price @ Call: 958.82
Target: 1100
BUY

RATNAMANI Share Price Target - Broker Reports - 2017

22-Nov-17
Price @ Call: 984.5
Target: 1005
BUY
4-Oct-17
Price @ Call: 870
Target: 1050
BUY
8-Feb-17
Price @ Call: 668
Target: 770
BUY
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  • RATNAMANI Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,126.2
    Upside Target 22,097.55
    Upside Target 12,077.3
    Pivot2,048.65
    Downside Target 12,028.4
    Downside Target 21,999.75
    Downside Target 31,979.5
  • RATNAMANI Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,172.97
    Upside Target 22,126.48
    Upside Target 12,091.77
    Pivot2,045.28
    Downside Target 12,010.57
    Downside Target 21,964.08
    Downside Target 31,929.37
  • RATNAMANI Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,412.17
    Upside Target 22,279.58
    Upside Target 12,165.17
    Pivot2,032.58
    Downside Target 11,918.17
    Downside Target 21,785.58
    Downside Target 31,671.17
  • RATNAMANI Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,097.55
    Upside Target 22,078.87
    Upside Target 12,067.33
    Pivot2,048.65
    Downside Target 12,029.97
    Downside Target 22,018.43
    Downside Target 31,999.75
  • RATNAMANI Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,126.48
    Upside Target 22,095.46
    Upside Target 12,076.3
    Pivot2,045.28
    Downside Target 12,014.26
    Downside Target 21,995.1
    Downside Target 31,964.08
  • RATNAMANI Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,279.58
    Upside Target 22,185.23
    Upside Target 12,126.94
    Pivot2,032.58
    Downside Target 11,938.23
    Downside Target 21,879.94
    Downside Target 31,785.58
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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