FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
forum
RICOAUTO Share Price Target
Rico Auto Industries Ltd.
Sector: Auto Ancillaries
Sector: Auto Ancillaries
RICOAUTO Share Price *
45.25 +0.65 (1.46%)
* (quote may be delayed)
RICOAUTO Share Price Forecast - Consensus
| No. of reports in last year | 2 |
| No. of analysts | 1 |
| Average Consensus Forecast | 82.50 |
| Consensus Potential | 44.67% |
RICOAUTO Share Price Target - Broker Reports - 2019
Sharekhan
3-Jun-19
Price @ Call: 69.14
Target: 70
HOLD
Sharply cut estimates; retain Hold:
RAI’s Q4FY2019 results significantly missedestimates. Weak OEM demand and pricing pressures from OEM would impact earnings. We have cut our earnings estimates for FY2020 by ~20% to factor in the same. We have also introduced FY2021 earnings estimates in this note and roll over our multiple on FY2021 earnings. We retain Hold rating on the stock with revised PT of Rs 70.
RAI’s Q4FY2019 results significantly missedestimates. Weak OEM demand and pricing pressures from OEM would impact earnings. We have cut our earnings estimates for FY2020 by ~20% to factor in the same. We have also introduced FY2021 earnings estimates in this note and roll over our multiple on FY2021 earnings. We retain Hold rating on the stock with revised PT of Rs 70.
RICOAUTO Share Price Target - Broker Reports - 2018
Sharekhan
10-Dec-18
Price @ Call: 67.39
Target: 95
BUY
Sharekhan
7-Aug-18
Price @ Call: 80.65
Target: 101
BUY
Sharekhan
8-Jun-18
Price @ Call: 74.44
Target: 101
BUY
RICOAUTO Share Price Target - Broker Reports - 2017
Sptulsian.com
8-Sep-17
Price @ Call: 92.85
Target: 112
BUY
Sharekhan
11-Aug-17
Price @ Call: 68.9
Target: 94
BUY