1 VAIBHAVGBL share price target reports by brokerages below. See what is analyst's view on VAIBHAVGBL 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.
We are projecting 15% CAGR in sales between FY19-FY21E however expects EBITDA/PAT to grow higher at 19.3%/20% during the same period. We expect EBITDA margins to improve to 12% in FY21E from 11.2% in FY19. The stock has recently moved and currently trading at 13x on our FY21E earnings. We recommend HOLD on the stock with a target price of Rs 1021 (15x FY21E).
We are projecting 13.5% CAGR in sales between FY19-FY21E however expects EBITDA/PAT to grow by 24.5%/25.8% during the same period. We expect EBITDA margins to improve to 13.5% in FY21E from 11.2% in FY19. At CMP the stock is trading at an attractive PE of 11.8x on our FY20E earnings. We recommend BUY on the stock with a target price of Rs 913 (15x FY20E).
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.