0 REDINGTON share price target reports by brokerages below. See what is analyst's view on REDINGTON 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.
With Redington India business showing strong growth & good performance from overseas, we believe Redington is in a comfortable position to deliver sustained earnings growth in FY20E. We maintain our buy rating with revised TP of Rs114 (7x FY21E EPS). Currently, Redington trades at 7.2x/6.1x FY20E/21E at an EPS of Rs13.8/Rs.16.2 for FY20E/21E respectively. Currency movements in overseas market remains a key risk to Redington.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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