forum

TATASTEEL Share Price Target

Tata Steel Ltd.
Sector: Iron and Steel
... Read more
TATASTEEL Share Price *
338.65 +8.7 (2.64%)
* (quote may be delayed)
TATASTEEL Share Price Forecast - Consensus
No. of reports in last year
15
No. of analysts
6
Average Consensus Forecast
604.13
Consensus Potential
41.98%

TATASTEEL Share Price Target - Broker Reports - 2019

ICICIdirect.com
23-Sep-19
Price @ Call: 377.61
Target: 450
BUY

Karvy Stock Broking
12-Aug-19
Price @ Call: 367.68
Target: 489
BUY
Tata Steel Limited has started the process of consolidating India operations. In Europe, the company is implementing a transformation plan which aims to reduceoperating costs, rationalize capex and working capital to increase overall cash flow. The company is expected to benefit from increased government spending and efforts of addressing liquidity crunch. The stock is currently trading at 362 of EV/EBITDA 5.0x of FY21EBITDA. We have valued the stock at 1SD and have arrived at downwardly revised TP of Rs. 489 retaining “BUY” rating on stock with potential upside of 35%. Key risks to valuation are further deepening of trade war and steeper slowdown in domestic economy.
... Read more

Prabhudas Lilladher
8-Aug-19
Price @ Call: 381.8
Target: 350
REDUCE
Europe does the damage; De-rating to aggravate
Despite sharp increase in iron ore prices, steel prices softened by US$20-25/t in last couple of months. In spite of serious trade restrictions imposed on its imports by various countries, China acted in a disciplined manner with reduced export intensity and stable domestic demand. On the contrary, RoW (ex-China), the so called disciplined and earnings focused markets witnessed sharp contraction in demand and prices. This signifies structural downturn in steel sector on the backdrop of underlying weakness in RoW’s demandand peaked-out stimulus fed temporary acceleration in Chinese demand. Given the overleveraged B/S (Net debt/EBITDA of 4.5x) and weak earnings outlook, we reiterate Reduce with TP of Rs350, EV/EBITDA 5.5x FY21e.
... Read more

Karvy Stock Broking
21-May-19
Price @ Call: 483.15
Target: 618
BUY
Tata Steel Limited and Thyssenkrupp AG of Germany had signed definitive agreements in June 2018 to combine their business in Europe to create a 50:50 joint venture company which could have become second largest steel company in the European continent. However, European Commission expressed concerns and objections on automotive steel and packaging steel. The managements of these companies went back to EC with remedies which were found not sufficient. Expecting the deal to be rejected by European Commission, the management of these two companies decided to call off their proposed joint venture on 10th May 2019. With this development, Tata Steel plan to deleverage and de-consolidate business will get adversely impacted. However, the recent growth in company steel production has been led by strong domestic demand ably supported by moderate recovery in European operations. We have valued the stock on EV/EBITDA 6.3x of FY21E EBITDA for the downwardly revised TP of Rs. 618 with potential upside of 28%.
... Read more

ICICIdirect.com
30-Apr-19
Price @ Call: 548.92
Target: 635
BUY

Karvy Stock Broking
30-Apr-19
Price @ Call: 548.92
Target: 671
HOLD

Prabhudas Lilladher
26-Apr-19
Price @ Call: 510.1
Target: 685
BUY

Edelweiss
23-Apr-19
Price @ Call: 535.3
Target: 600
BUY

ICICIdirect.com
12-Apr-19
Price @ Call: 535.72
Target: 625
BUY

Investec Securities
11-Feb-19
Price @ Call: 469.55
Target: 739
BUY

Motilal Oswal
11-Feb-19
Price @ Call: 469.55
Target: 370
SELL

ICICIdirect.com
11-Feb-19
Price @ Call: 469.55
Target: 550
BUY

TATASTEEL Share Price Target - Broker Reports - 2018

Edelweiss
11-Dec-18
Price @ Call: 496.86
Target: 720
BUY

Edelweiss
30-Nov-18
Price @ Call: 530.78
Target: 720
BUY

Prabhudas Lilladher
14-Nov-18
Price @ Call: 589.15
Target: 840
BUY

Prabhudas Lilladher
4-Oct-18
Price @ Call: 581.25
Target: 780
BUY

Centrum
24-Sep-18
Price @ Call: 611.09
Target: 800
BUY

ICICIdirect.com
17-Aug-18
Price @ Call: 568.1
Target: 675
BUY

Investec Securities
14-Aug-18
Price @ Call: 569.2
Target: 730
BUY

Prabhudas Lilladher
14-Aug-18
Price @ Call: 569.2
Target: 770
BUY

Motilal Oswal
14-Aug-18
Price @ Call: 574.12
Target: 632
NEUTRAL

JM Financial
14-Aug-18
Price @ Call: 574.12
Target: 745
BUY

ICICIdirect.com
3-Jul-18
Price @ Call: 560.95
Target: 700
BUY

Prabhudas Lilladher
2-Jul-18
Price @ Call: 567.85
Target: 815
BUY

Edelweiss
2-Jul-18
Price @ Call: 567.85
Target: 903
BUY

Kotak Securities
12-Jun-18
Price @ Call: 588.75
Target: 710
BUY

Prabhudas Lilladher
17-May-18
Price @ Call: 622.05
Target: 830
BUY

Motilal Oswal
17-May-18
Price @ Call: 622.05
Target: 705
BUY

Edelweiss
17-May-18
Price @ Call: 622.05
Target: 903
BUY

Motilal Oswal
22-Feb-18
Price @ Call: 640.55
Target: 778
BUY

Edelweiss
19-Feb-18
Price @ Call: 688.3
Target: 985
BUY

Investec Securities
19-Feb-18
Price @ Call: 688.3
Target: 895
BUY

Axis Direct
16-Feb-18
Price @ Call: 695.75
Target: 885
BUY

Prabhudas Lilladher
9-Feb-18
Price @ Call: 681.41
Target: 835
BUY

Motilal Oswal
9-Feb-18
Price @ Call: 681.41
Target: 778
NEUTRAL

TATASTEEL Share Price Target - Broker Reports - 2017

ICICIdirect.com
20-Dec-17
Price @ Call: 702.73
Target: 785
BUY

Prabhudas Lilladher
14-Dec-17
Price @ Call: 682.1
Target: 750
BUY

JM Financial
13-Nov-17
Price @ Call: 691.75
Target: 750
BUY

Axis Direct
6-Nov-17
Price @ Call: 708.9
Target: 795
BUY

HDFC Securities
3-Nov-17
Price @ Call: 709.18
Target: 818
BUY

Edelweiss
31-Oct-17
Price @ Call: 718.8
Target: 950
BUY

Axis Direct
17-Oct-17
Price @ Call: 715.4
Target: 765
BUY

Edelweiss
10-Oct-17
Price @ Call: 697.15
Target: 720
BUY

Axis Direct
6-Oct-17
Price @ Call: 660.2
Target: 765
BUY

Centrum
26-Sep-17
Price @ Call: 640.15
Target: 705
HOLD

Prabhudas Lilladher
21-Sep-17
Price @ Call: 687.65
Target: 750
BUY

Edelweiss
21-Sep-17
Price @ Call: 687.65
Target: 720
BUY

Phillip Capital
21-Sep-17
Price @ Call: 687.65
Target: 900
ADD

Axis Direct
21-Sep-17
Price @ Call: 687.65
Target: 765
BUY

HDFC Securities
21-Sep-17
Price @ Call: 687.65
Target: 818
BUY

Edelweiss
12-Sep-17
Price @ Call: 661.3
Target: 720
BUY

Axis Direct
14-Aug-17
Price @ Call: 596.15
Target: 690
BUY

HDFC Securities
11-Aug-17
Price @ Call: 596.15
Target: 687
BUY

ICICIdirect.com
8-Aug-17
Price @ Call: 600
Target: 700
BUY

Axis Direct
8-Aug-17
Price @ Call: 600
Target: 690
BUY

Edelweiss
7-Aug-17
Price @ Call: 600
Target: 720
BUY

Motilal Oswal
19-Jul-17
Price @ Call: 571
Target: 583
NEUTRAL

Motilal Oswal
20-Jun-17
Price @ Call: 522.93
Target: 451
SELL

ICICIdirect.com
18-May-17
Price @ Call: 484
Target: 550
BUY

Edelweiss
14-Feb-17
Price @ Call: 472
Target: 637
BUY

ICICIdirect.com
8-Feb-17
Price @ Call: 475
Target: 500
HOLD

Centrum
7-Feb-17
Price @ Call: 473
Target: 410
SELL

TATASTEEL Share Price Target - Broker Reports - 2016

Edelweiss
16-Nov-16
Price @ Call: 393
Target: 308
REDUCE

Religare
15-Nov-16
Price @ Call: 395
Target: 350
SELL

Centrum
14-Nov-16
Price @ Call: 426.5
Target: 340
SELL

Religare
14-Sep-16
Price @ Call: 373.6
Target: 325
SELL

Edelweiss
14-Sep-16
Price @ Call: 374
Target: 294
REDUCE

Motilal Oswal
13-Sep-16
Price @ Call: 374
Target: 241
SELL

Arihant Capital Markets
27-May-16
Price @ Call: 325
Target: 298
SELL

ICICIdirect.com
26-May-16
Price @ Call: 322
Target: 335
HOLD

Edelweiss
26-May-16
Price @ Call: 325
Target: 294
SELL

Edelweiss
11-Apr-16
Price @ Call: 331
Target: 301
REDUCE

  • TATASTEEL - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    ICICIdirect.com45026.68%
    Karvy Stock Broking48932.53%
    Prabhudas Lilladher3505.73%
    Edelweiss60045.01%
    Investec Securities73955.35%