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TIMKEN Share Price Target

Timken India Ltd.
NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 | Sector: Engineering

TIMKEN Rating

5/5 (3 Ratings)
TIMKEN Share Price *
1,040.1 +4.85 (0.47%)
* (quote may be delayed)

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

TIMKEN Share Price Forecast - Consensus
No. of reports in last year
3
No. of analysts
1
Average Consensus Forecast
895.00
Consensus Potential
-16.74%

TIMKEN Share Price Target - Broker Reports - 2019

2-Dec-19
Price @ Call: 896.86
Target: 1020
BUY
Amid a challenging environment, Timken has managed to report a reasonable operating performance in H1FY20. With reasonable exposure towards railways, exports and distribution business, the company is likely to manage a revenue CAGR of 8.3% in FY19-21E. This is against the backdrop wherein other companies in the bearing space are likely to see a muted performance. On the other hand, a reset of margins at a higher level (led by operational efficiencies) would also act as a hedge against negative operating leverage. We expect a PAT CAGR of 21.4% in FY19-21E, which is among one of the best in our midcap capital goods coverage. We maintain BUY with a revised target price of Rs| 1020/share.
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21-Aug-19
Price @ Call: 692
Target: 835
BUY
To fully utilise ABC’s capacities, TIL is planning a capex of | 35-40 crore at its Bharuch facility (utilisation at ABC is at ~70%). This will help TIL produce‘Timken brand’ bearings for its exports market. Access to new markets/geographies along with operational synergies from the merged entity is likely to be key monitorable from hereon. Going ahead, we expect both its segments, domestic and exports to grow at a CAGR of 10.5% and 14.0%, in FY19-21E, respectively. We expect revenue, EBITDA and PAT to grow at 11.3%, 16.5% and 21.0%, respectively, in FY19-21E. We value the company at 29x FY21E EPS to arrive at target price of Rs 835. We maintain BUY recommendation on the company.
... Read more

6-Jun-19
Price @ Call: 692.05
Target: 830
BUY
To fully utilise ABC capacities, TIL is planning a capex of | 35-40 at its Bharuch facility (current utilisation at ABC at ~70%). This will help TILproduce ‘Timken brand’ bearings for its exports market. Access to new markets/ geographies along with operational synergies from the merged entity is likely to be key monitorable from hereon. Going forward, we expect both its segments, domestic, exports to grow at a CAGR of 11%, 15.5%, in FY19-21E, respectively. We expect revenue, EBITDA, PAT to grow at 12.1%, 14.5%, 18.5%, respectively, in FY19-21E. We expect strong EBITDA growth as we estimated higher utilisation in FY20-21E. We value the company at 30x FY21E EPS to arrive at a target price of | 830. We maintain BUY recommendation on the stock.
... Read more

TIMKEN Share Price Target - Broker Reports - 2018

10-Oct-18
Price @ Call: 558.51
Target: 675
BUY

16-Aug-18
Price @ Call: 709
Target: 835
BUY

20-Feb-18
Price @ Call: 824.25
Target: 880
HOLD

TIMKEN Share Price Target - Broker Reports - 2017

10-Aug-17
Price @ Call: 680.5
Target: 867
BUY

6-Jul-17
Price @ Call: 780
Target: 867
BUY

29-May-17
Price @ Call: 690
Target: 700
HOLD

10-Feb-17
Price @ Call: 610
Target: 645
HOLD

TIMKEN Share Price Target - Broker Reports - 2016

26-May-16
Price @ Call: 537
Target: 594
BUY

23-May-16
Price @ Call: 547.95
Target: 650
BUY

30-Nov-16
Price @ Call: 565
Target: 614
HOLD

  • TIMKEN - Share Price Target Potential

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    BrokerageTargetPotential
    ICICIdirect.com1,020-1.50%
  • TIMKEN Share Price Target Today- Technical Pivot Points (Classic)

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    Upside Target 31,067.32
    Upside Target 21,057.63
    Upside Target 11,048.87
    Pivot1,039.18
    Downside Target 11,030.42
    Downside Target 21,020.73
    Downside Target 31,011.97
  • TIMKEN Share Price Target weekly- Technical Pivot Points (Classic)

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    Upside Target 31,189.07
    Upside Target 21,119.03
    Upside Target 11,080.12
    Pivot1,010.08
    Downside Target 1971.17
    Downside Target 2901.13
    Downside Target 3862.22
  • TIMKEN Share Price Target monthly- Technical Pivot Points (Classic)

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    Upside Target 31,203.47
    Upside Target 21,116.73
    Upside Target 11,054.52
    Pivot967.78
    Downside Target 1905.57
    Downside Target 2818.83
    Downside Target 3756.62
  • TIMKEN Share Price Target today- Technical Pivot Points (Fibonacci)

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    Upside Target 31,057.63
    Upside Target 21,050.59
    Upside Target 11,046.23
    Pivot1,039.18
    Downside Target 11,032.14
    Downside Target 21,027.78
    Downside Target 31,020.73
  • TIMKEN Share Price Target weekly- Technical Pivot Points (Fibonacci)

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    Upside Target 31,119.03
    Upside Target 21,077.41
    Upside Target 11,051.7
    Pivot1,010.08
    Downside Target 1968.46
    Downside Target 2942.75
    Downside Target 3901.13
  • TIMKEN Share Price Target monthly- Technical Pivot Points (Fibonacci)

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    Upside Target 31,116.73
    Upside Target 21,059.83
    Upside Target 11,024.68
    Pivot967.78
    Downside Target 1910.88
    Downside Target 2875.73
    Downside Target 3818.83
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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