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TALBROAUTO Consensus Forecast
No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
157
Consensus Potential
-78.60%
TALBROAUTO Price Target Potential
| Brokerage | Target | Potential |
|---|
TALBROAUTO Ratings
Long term TALBROAUTO rating by FrontPage users
- ★★
- ★★
- ★★
- ★★
- ★★
5/5 (2 Ratings)
1 TALBROAUTO share price target reports by brokerages below. See what is analyst's view on TALBROAUTO 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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TALBROAUTO Share Price Target
TALBROAUTO Share Price Target - Broker Reports - 2020
Kotak Securities
17-Feb-20
Price @ Call: 120.7
Target: 157
BUY
Company’s financial performance in 9MFY20 has been weak, severely impacted by lower automobile production. In FY21, we expect the company’s performance to improve on the back of expected automobile demand recovery from 2HFY21 and execution of new business won in the past few quarters. Current capacity utilization is on the lower side and we expect improved volumes to bring in operating leverage benefits going ahead. Company continues to work on cost control and improvement in operational efficiency. Given sharp slowdown in demand (particularly commercial vehicle segment) and delay in recovery in the two wheeler segment, we cut our FY20 and FY21 estimates. We also introduce FY22 financials. We retain BUY on the stock with revised price target of Rs157 (earlier Rs160). We value the stock at 7x PER on FY22E earnings (earlier valued at 8x PER on FY21E earnings).
Kotak Securities
9-Jan-20
Price @ Call: 129.45
Target: 160
BUY
At the CMP, the stock is trading at a PE of 9.8x on FY20E and 6.5x on FY21E earnings. We retain BUY rating on the stock with unchanged price target of Rs160. We value the stock at 8x PER (unchanged) on FY21E earnings.
TALBROAUTO Share Price Target - Broker Reports - 2019
Kotak Securities
4-Oct-19
Price @ Call: 106.65
Target: 177
BUY
Kotak Securities
19-Aug-19
Price @ Call: 100.2
Target: 190
BUY
We cut our estimates to factor in current weak demand scenario. We also lower our assigned PE multiple to stock as risk oncompany’s revenue from migration to electric vehicles has increased in recent months. At the CMP, the stock is trading at a PE of 5.7x / 4.3x its estimated FY20E/FY21E earnings. We retain BUY on the stock with revised price target of Rs190 (earlier Rs291). We value the stock at 8x PER (earlier valued at 10x) on FY21E earnings.
Kotak Securities
31-May-19
Price @ Call: 190
Target: 291
BUY
MMT JV revenue growth is expected to be driven by order worth Rs350mn from a large European OEM, new business from Maruti Suzuki and growth from Bajaj Auto’s RE60. Over the medium to longer term, we expect EBITDA margin to witness improvement. At the CMP, the stock is trading at a PE of 8.3x / 6.5x its estimated FY20E/FY21E earnings. We retain BUY on the stock with unchanged price target of Rs291. We value the stock at 10x PER on FY21E earnings.
Kotak Securities
17-May-19
Price @ Call: 173.2
Target: 291
BUY
We cut our FY20E earnings to factor and also introduce FY21E earnings. At the current market price, the stock is trading at a PE of 7.8x on FY20E earnings and 5.9x on FY21E earnings. We retain BUY with revised price target of Rs291 (earlier Rs335). In view of weak auto segment demand, we have lowered the assigned PE multiple from 12x to 10x. We value the stock on FY21E earnings (earlier valued at FY20E earnings).
Kotak Securities
28-Feb-19
Price @ Call: 204.85
Target: 335
BUY
At the CMP of 203, the stock trades at attractive PE multiple of 7.3x FY20E earnings. We retain BUY on the stock with unchanged price target of Rs335. We have valued the stock at a PE of 12x on FY20E earnings.
Kotak Securities
18-Feb-19
Price @ Call: 195.23
Target: 335
BUY
In 9MFY19, TBA’s revenue has grown strongly in all business segments with forging segment reporting 69% YoY growth. EBITDA margin was lower in 3QFY19; but in 9MFY19, EBITDA margins improved by 86bps to 10.8%. We expect company’s revenue to grow on the back of execution of new order wins across segments, expected gradual pick-up in domestic auto demand, scale-up in forging division and additional revenue opportunity with BSVI implementation. EBITDA margins are expected to improve from 3QFY19 levels as full impact of input cost pass through will flow in coming quarters. We marginally revise our estimates lower. We retain BUY on the stock with revised price target of Rs335 (earlier Rs400). At the CMP, the stock is trading at a PE of 8.8x / 6.8x its estimated FY19E/FY20E earnings.
Kotak Securities
3-Jan-19
Price @ Call: 220.5
Target: 400
BUY
TALBROAUTO Share Price Target - Broker Reports - 2018
Kotak Securities
30-Aug-18
Price @ Call: 290
Target: 396
BUY
Kotak Securities
16-Aug-18
Price @ Call: 290.75
Target: 396
BUY
Kotak Securities
21-Mar-18
Price @ Call: 274.21
Target: 389
BUY
Kotak Securities
16-Feb-18
Price @ Call: 303.7
Target: 389
BUY
Investment Imperative
8-Jan-18
Price @ Call: 327
Target: 414
BUY
TALBROAUTO Share Price Target - Broker Reports - 2017
Kotak Securities
18-Dec-17
Price @ Call: 264
Target: 389
BUY
Ventura
27-Nov-17
Price @ Call: 257.12
Target: 353
BUY
TALBROAUTO Share Price Target - Broker Reports - 2016
East India Securities Ltd
17-Nov-16
Price @ Call: 128.3
Target: 171
BUY
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TALBROAUTO Peer Stocks - Share Price Targets
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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