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TATACONSUM Consensus Forecast

No. of reports in last year
6
No. of analysts
3
Average Consensus Forecast
358.33
Consensus Potential
-19.47%

TATACONSUM Price Target Potential

BrokerageTargetPotential
ICICIdirect.com4406.20%
Motilal Oswal347-18.93%
Karvy Stock Broking263-56.92%

TATACONSUM Targets in FrontPage Forums

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100% Bullish
0% Bearish
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TATACONSUM Ratings

Long term TATACONSUM rating by FrontPage users
3.8/5 (5 Ratings)

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

TATACONSUM Share Price Target - Broker Reports - 2020

15-May-20
Price @ Call: 357.25
Target: 440
BUY
The new management is sounding much more focussed and talking about potential of new & unpenetrated category along with the growth prospects of existing once. Further with merger, India business contributes 56% to sales, which has the scope to grow faster compared to UK, US & Canada business. We also see potential in margins expansion as other FMCG peers have far superior margin territory. We remain positive on the stock and maintain BUY recommendation with a revised target price of Rs 440/share.
... Read more
16-Jan-20
Price @ Call: 391.2
Target: 450
BUY
TGBL’s India business revenue contribution has increased from the previous 47% in FY19 to ~52% in H1FY20 with impressive EBITDA margins of 13.5%. The company has been exiting non-core international markets (exit from loss making China, Russia and Czech Republic subsidiaries and stake divested in its Sri Lankan plantations), which has been a drag on sales growth. We have valued TGBL on an SOTP basis, valuing the India domesticbusiness (including TCL’s consumer business) at 5x FY22E sales, international business (US, UK, Canada) at ~1x FY22E sales and Starbucks JV at 2x FY22E sales. We reiterate our BUY rating on the stock with a revised target price of Rs 450 per share.
... Read more

TATACONSUM Share Price Target - Broker Reports - 2019

19-Nov-19
Price @ Call: 304.15
Target: 347
BUY
We considered the following factors while valuing each business: The India tea business (i.e. TGB standalone) on EV/EBITDA basis at 22x, is at a discount to other FMCG names, given the high market penetration and working capital requirement. The coffee business (i.e. Tata Coffee standalone) at 10x EV/EBITDA, given the commodity nature of the business. The overseas branded coffee business at 10x EV/EBITDA, is at a discount to the India branded tea business due to lower growth potential. The overseas tea business at 10x EV/EBITDA, is at a discount to the India tea business given the low EBITDA margin of ~5-6%. TTCH’s salt and other consumer business (which will be merged with TGB) is at 22x EV/EBITDA. The implied value of TGB’s 50% stake in Starbucks is ~INR29b. We initiate on the stock with Dec’21 target price of INR347/share, upside of 16% and Buy rating.
... Read more
31-Oct-19
Price @ Call: 307.91
Target: 350
BUY
TGBL’s India business revenue contribution increased from the previous 48% to 50% with impressive EBITDA margins of 13.5% during the quarter. Hence, we value TGBL on an SOTP basis, valuing the India domestic business at 5x FY21E sales, international business (US, UK, Canada) at 0.5x FY21E sales and Starbucks JV at 2x FY21E sales. We reiterate our BUY rating on the stock with a revised target price of Rs 350 per share.
... Read more
8-Aug-19
Price @ Call: 270.1
Target: 263
SELL
TGBL operational performance is largely in line with estimates with stable top-line growth and margin despite slower FMCG growth. On acquisition front TGBL is on its way to complete all the formalities as per schedule. We expect a decent revenue growth of 7.5% and 8.5% in FY20E & FY21E respectively. As the stock has rallied nearly 30% since current year to date despite unfavorable economic condition and that pressure is likely to persist for few more quarters. We value the stock at a P/E of 27x (which is near a 10% premium to the 4 year average 1 year forward valuation of 26x) on FY21E EPS and recommend “SELL” with a target price of Rs. 263.
... Read more
1-Aug-19
Price @ Call: 258.61
Target: 300
BUY
TGBL’s India business revenue contribution increased from the previous 45- 47% to 54% with impressive EBITDA margins of 15.3% during the quarter. Hence, we value TGBL on an SOTP basis, valuing India domestic business at 4x FY21E sales, international business (US, UK, Canada) at 0.5x FY21E sales and Starbucks JV at 2x FY21E sales We reiterate our BUY rating on the stock with a revised target price of Rs 300 per share.
... Read more
18-Jun-19
Price @ Call: 246.73
Target: 263
HOLD
Tata Global Consumer Play - A Perfect Shot…. Valuation and Risks: Due to aggressive M&A strategy and a growing demand for existing business, we expect a rational growth for TGBL in FY20E & FY21E. We value the stock at a P/E of 27x (which is near a 10% premium to the 4 year average 1 year forward valuation of 25x) on FY21E EPS and recommend “HOLD” with a target price of Rs. 263.
... Read more
16-May-19
Price @ Call: 198.5
Target: 250
BUY
We believe investment behind new categories would be the key to growth in future. Moreover, contribution of international business would come down from 55% to 45%, as it has been a drag on sales growth. We value consolidated branded business at 3x P/Sales, international business at 1x P/sales & Starbucks JV at 2x P/Sales on FY21E revenues respectively, with a revised target price of Rs 250/ share.
... Read more
24-Apr-19
Price @ Call: 209.6
Target: 240
BUY
We have valued TGBL on SOTP basis, valuing India domestic business at 3x FY21E sales, International business (US, UK, Canada and Australia) at 0.5x FY21E sales and Starbucks JV at 2x FY21E sales We reiterate our BUY rating on the stock with a revised target price of Rs 240 per share.
... Read more

TATACONSUM Share Price Target - Broker Reports - 2018

8-Feb-18
Price @ Call: 280.1
Target: 308
BUY

TATACONSUM Share Price Target - Broker Reports - 2017

16-Nov-17
Price @ Call: 250.7
Target: 280
BUY
21-Oct-17
Price @ Call: 205.98
Target: 260
BUY
26-Sep-17
Price @ Call: 196.65
Target: 280
BUY
11-Sep-17
Price @ Call: 206.7
Target: 239
BUY
14-Aug-17
Price @ Call: 164
Target: 195
BUY
12-Jul-17
Price @ Call: 170
Target: 195
BUY
31-May-17
Price @ Call: 146
Target: 147
HOLD
2-Jun-17
Price @ Call: 152.4
Target: 160
BUY
1-Jun-17
Price @ Call: 148.95
Target: 170
BUY
3-Feb-17
Price @ Call: 138
Target: 147
HOLD

TATACONSUM Share Price Target - Broker Reports - 2016

16-Nov-16
Price @ Call: 121.3
Target: 130
HOLD
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  • TATACONSUM Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3427.53
    Upside Target 2420.97
    Upside Target 1416.83
    Pivot410.27
    Downside Target 1406.13
    Downside Target 2399.57
    Downside Target 3395.43
  • TATACONSUM Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3427.47
    Upside Target 2414.88
    Upside Target 1405.67
    Pivot393.08
    Downside Target 1383.87
    Downside Target 2371.28
    Downside Target 3362.07
  • TATACONSUM Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3437.13
    Upside Target 2416.02
    Upside Target 1401.73
    Pivot380.62
    Downside Target 1366.33
    Downside Target 2345.22
    Downside Target 3330.93
  • TATACONSUM Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3420.97
    Upside Target 2416.88
    Upside Target 1414.35
    Pivot410.27
    Downside Target 1406.18
    Downside Target 2403.65
    Downside Target 3399.57
  • TATACONSUM Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3414.88
    Upside Target 2406.56
    Upside Target 1401.41
    Pivot393.08
    Downside Target 1384.76
    Downside Target 2379.61
    Downside Target 3371.28
  • TATACONSUM Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3416.02
    Upside Target 2402.49
    Upside Target 1394.14
    Pivot380.62
    Downside Target 1367.09
    Downside Target 2358.74
    Downside Target 3345.22
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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