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SUNTV Consensus Forecast

No. of reports in last year
3
No. of analysts
3
Average Consensus Forecast
510.33
Consensus Potential
19.54%

SUNTV Price Target Potential

BrokerageTargetPotential
ICICIdirect.com4102.23%
Motilal Oswal52523.65%
LKP Securities Limited59632.74%

SUNTV Targets in FrontPage Forums

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0% Bearish
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SUNTV Ratings

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

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

SUNTV Share Price Target - Broker Reports - 2020

13-Apr-20
Price @ Call: 343.85
Target: 410
BUY
One of the key advantages of broadcasters has been stronger balance sheets, which is a paramount factor under current situation. The stock prices have also corrected sharply across the board. We now upgrade Sun TV to BUY, valuing it at 10x FY22 EPS at | 410/share. We also maintain BUY rating on TV Today with a revised target price of | 250/share (8x FY22 EPS). We downgrade Zee to HOLD with a revised target price of | 150/share (8x FY22 EPS). Lower multiple and downgrade for Zee is on account of continued pressure on receivables, related party dues and now decision of investment of | 522 crore over time in its subsidiary, Margo Networks (SugarBox) on which we still await clarity. Negative news flows on promoter group also remain an overhang.
... Read more

SUNTV Share Price Target - Broker Reports - 2019

13-Nov-19
Price @ Call: 480.35
Target: 525
BUY
We have cut TP to INR525 (v/s INR600 earlier) based on the cut in estimates, valuing it at 13x P/E on FY21E EPS of INR40. The stock is priced at 12x on FY21E, however, given the weak earnings outlook, revival in earnings would be the key. Maintain Buy.
... Read more
12-Dec-19
Price @ Call: 460.79
Target: 596
BUY
Sun’s Ad business is going through a challenging period currently, with growth slowing down significantly. The company is slowly and steadily gaining viewership market share in its flagship channels. Ad revenues are expected to recover FY 21E onwards, while subscription revenues will continue with its strong run over the next couple of years at least. Foray into the digital side will add another new stream of revenues while profitability contribution from this business will take some more time. Margins will move up again from FY 21E onwards on higher contribution from subscription business and operating leverage. New movie launch/es and success at IPL will act as an additional upside to margins. We cut down our FY20E and 21E estimates on weak Ad growth environment and at the same time roll over to FY 22E estimates. Post the recent fall in the stock price, at current valuations the stock looks very attractive to us at 9.3x FY22E earnings, while providing us comfort with robust FCF and return ratios. Maintain BUY.
... Read more
24-May-19
Price @ Call: 548
Target: 580
HOLD
NTO disruption impacts performance. Valuation & Outlook: While the NTO impact is transitory, the key concern for Sun TV has been the market share weakness in its erstwhile strong Tamil segment where its leadership gap is much lower now. The silver lining, on the other hand, is TN digitisation potential and focus on OTT segment. However, we would turn constructive only when we witness improvement in marquee Tamil segment. We maintain HOLD rating with TP of | 580/share (15x FY21 EPS).
... Read more
11-Feb-19
Price @ Call: 563.78
Target: 605
HOLD
11-Feb-19
Price @ Call: 520.55
Target: 720
BUY
Robust quarter; margins to reel under pressure. Valuation view: We roll forward our valuation to FY21E, valuing SUNTV at a TP of INR720 (prior: INR750), ascribing 15x (~30% discount to three-year average due to mounting pressure on viewership share and increasing investments across both traditional and digital medium) P/E to FY21E EPS. However, the stock has corrected by ~15% over the last three months, and thus, appears attractively valued at 12.4x/11.0x FY20/21E EPS. This, along with healthy return ratios, offers comfort. Maintain Buy.
... Read more

SUNTV Share Price Target - Broker Reports - 2018

23-Oct-18
Price @ Call: 640
Target: 780
BUY
Reducing price target to reflect impact of digital and OTT; retain BUY. Our new TP implies 22% upside potential from the CMP. At INR 641, Sun stock trades a 1- year forward P/E of 15.4x compared to trailing six-year average of 19.5x. Our 780 DCF value for Dec-19 also implies the same 15.4x forward P/E multiple. Furthermore, Sun shares are trading at FY19E FCFF yield of 5.7% and FY20E yield of 7.2%. Initial losses from launch of new GECs (Bangla, Marathi, second Telugu) and repositioning of Sun Life (Tamil) may shaveoff 6-7% (INR 2.5-3.0 per share) from our FY20 EPS forecast, but need not dilute DCF value significantly, given the potential for higher ad growth in future.
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14-Aug-18
Price @ Call: 769.94
Target: 1170
BUY
14-Aug-18
Price @ Call: 762.9
Target: 1119
BUY
13-Aug-18
Price @ Call: 827.4
Target: 920
BUY
13-Aug-18
Price @ Call: 827.4
Target: 1050
BUY
13-Aug-18
Price @ Call: 827.4
Target: 1200
BUY
30-Jul-18
Price @ Call: 777.55
Target: 1080
BUY
6-Jul-18
Price @ Call: 771.95
Target: 1032
BUY
27-Jun-18
Price @ Call: 809.55
Target: 1200
BUY
14-May-18
Price @ Call: 879.85
Target: 1064
BUY
11-May-18
Price @ Call: 861.54
Target: 1200
BUY
12-Feb-18
Price @ Call: 987.26
Target: 1225
BUY
12-Feb-18
Price @ Call: 972.5
Target: 1113
BUY

SUNTV Share Price Target - Broker Reports - 2017

12-Nov-17
Price @ Call: 876.37
Target: 1005
BUY
7-Sep-17
Price @ Call: 839.69
Target: 920
BUY
5-Sep-17
Price @ Call: 806.85
Target: 1057
BUY
14-Aug-17
Price @ Call: 708.1
Target: 1024
BUY
14-Aug-17
Price @ Call: 708.1
Target: 830
BUY
29-May-17
Price @ Call: 781
Target: 920
BUY
19-Apr-17
Price @ Call: 839
Target: 930
BUY
18-Apr-17
Price @ Call: 801
Target: 955
BUY
29-Mar-17
Price @ Call: 780
Target: 920
BUY
13-Feb-17
Price @ Call: 724
Target: 850
BUY
3-Feb-17
Price @ Call: 551
Target: 730
BUY

SUNTV Share Price Target - Broker Reports - 2016

15-Nov-16
Price @ Call: 500
Target: 560
BUY
15-Nov-16
Price @ Call: 487
Target: 560
BUY
22-Aug-16
Price @ Call: 458
Target: 480
HOLD
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  • SUNTV Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3409.5
    Upside Target 2404.75
    Upside Target 1397
    Pivot392.25
    Downside Target 1384.5
    Downside Target 2379.75
    Downside Target 3372
  • SUNTV Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3418.55
    Upside Target 2411.65
    Upside Target 1400.45
    Pivot393.55
    Downside Target 1382.35
    Downside Target 2375.45
    Downside Target 3364.25
  • SUNTV Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3489.9
    Upside Target 2458.45
    Upside Target 1430.9
    Pivot399.45
    Downside Target 1371.9
    Downside Target 2340.45
    Downside Target 3312.9
  • SUNTV Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3404.75
    Upside Target 2399.98
    Upside Target 1397.03
    Pivot392.25
    Downside Target 1387.48
    Downside Target 2384.53
    Downside Target 3379.75
  • SUNTV Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3411.65
    Upside Target 2404.74
    Upside Target 1400.46
    Pivot393.55
    Downside Target 1386.64
    Downside Target 2382.36
    Downside Target 3375.45
  • SUNTV Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3458.45
    Upside Target 2435.91
    Upside Target 1421.99
    Pivot399.45
    Downside Target 1376.91
    Downside Target 2362.99
    Downside Target 3340.45
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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