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SKFINDIA Share Price Target

SKF India Ltd.
NSE: SKFINDIA | BSE: 500472 | ISIN: INE640A01023 | Sector: Engineering

SKFINDIA Rating

2.5/5 (4 Ratings)
SKFINDIA Share Price *
1,870 -19.4 (-1.03%)
* (quote may be delayed)

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

SKFINDIA Share Price Forecast - Consensus
No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
1702.50
Consensus Potential
-11.71%

SKFINDIA Share Price Target - Broker Reports - 2019

30-Oct-19
Price @ Call: 2188.02
Target: 1840
REDUCE
Recovery, particularly in the auto segment, is still hazy in terms of velocity and magnitude. Till that time, share of traded goods will remain high and will put pressure on margins for SKF. AT the same time, the stock at 31x FY21E discounts well a recovery in auto and also takes into account the quality of balance sheet the company possess. In lieu of high multiple, we believe the stock does offer attractive risk reward. One should wait for better entry points in the stock. We maintain our REDUCE rating on the stock with a target price of Rs 1840.
... Read more

25-Jul-19
Price @ Call: 1895
Target: 1565
REDUCE
Valuation & Outlook: Weakness in auto sales is expected to act as a spoilsport on the performance of bearing companies like SKF. Being the largest bearings supplier (~28% market share) with significant auto exposure (45-50% of sales), auto demand remains a key overhang. Capital investment plans for FY20E are expected in the range of | 80-130 crore depending on the near term automotive segment performance. There has been a robust pick-up in industrial performance. However, the resultant increase in traded goods would cap margins and, hence, potential upside. In addition, declining topline growth is expected to result in negative operating leverage. Accordingly, we expect sales and EBITDA CAGR of 4.2%, 2.2%, respectively, in FY19-21E. We value the company at 24x P/E on FY21E EPS to arrive at a target price of | 1565/share. We revise our recommendation on the stock to REDUCE.
... Read more

12-Feb-19
Price @ Call: 1921
Target: 2025
HOLD

12-Feb-19
Price @ Call: 1921
Target: 2050
HOLD

SKFINDIA Share Price Target - Broker Reports - 2018

27-Jul-18
Price @ Call: 1638.25
Target: 2142
BUY

27-Jul-18
Price @ Call: 1638.25
Target: 2070
BUY

10-May-18
Price @ Call: 1820.1
Target: 2225
BUY

10-May-18
Price @ Call: 1820.1
Target: 2132
BUY

15-Feb-18
Price @ Call: 1792.05
Target: 2146
BUY

SKFINDIA Share Price Target - Broker Reports - 2017

22-Dec-17
Price @ Call: 1754.69
Target: 2225
BUY

31-Oct-17
Price @ Call: 1647
Target: 1867
BUY

31-Oct-17
Price @ Call: 1647
Target: 1850
BUY

1-Aug-17
Price @ Call: 1550
Target: 1876
BUY

2-Aug-17
Price @ Call: 1560
Target: 1800
BUY

30-May-17
Price @ Call: 1565
Target: 1716
BUY

15-Feb-17
Price @ Call: 1422
Target: 1770
BUY

SKFINDIA Share Price Target - Broker Reports - 2016

28-Oct-16
Price @ Call: 1420
Target: 1585
BUY

  • SKFINDIA - Share Price Target Potential

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    BrokerageTargetPotential
    ICICIdirect.com1,840-2.68%
  • SKFINDIA Share Price Target Today- Technical Pivot Points (Classic)

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    Upside Target 31,994
    Upside Target 21,956.5
    Upside Target 11,922.95
    Pivot1,885.45
    Downside Target 11,851.9
    Downside Target 21,814.4
    Downside Target 31,780.85
  • SKFINDIA Share Price Target weekly- Technical Pivot Points (Classic)

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    Upside Target 32,116.42
    Upside Target 22,068.03
    Upside Target 12,020.67
    Pivot1,972.28
    Downside Target 11,924.92
    Downside Target 21,876.53
    Downside Target 31,829.17
  • SKFINDIA Share Price Target monthly- Technical Pivot Points (Classic)

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    Upside Target 32,496.85
    Upside Target 22,407.4
    Upside Target 12,238.9
    Pivot2,149.45
    Downside Target 11,980.95
    Downside Target 21,891.5
    Downside Target 31,723
  • SKFINDIA Share Price Target today- Technical Pivot Points (Fibonacci)

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    Upside Target 31,956.5
    Upside Target 21,929.36
    Upside Target 11,912.59
    Pivot1,885.45
    Downside Target 11,858.31
    Downside Target 21,841.54
    Downside Target 31,814.4
  • SKFINDIA Share Price Target weekly- Technical Pivot Points (Fibonacci)

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    Upside Target 32,068.03
    Upside Target 22,031.46
    Upside Target 12,008.86
    Pivot1,972.28
    Downside Target 11,935.71
    Downside Target 21,913.11
    Downside Target 31,876.53
  • SKFINDIA Share Price Target monthly- Technical Pivot Points (Fibonacci)

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    Upside Target 32,407.4
    Upside Target 22,308.86
    Upside Target 12,247.99
    Pivot2,149.45
    Downside Target 12,050.91
    Downside Target 21,990.04
    Downside Target 31,891.5
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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