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WABAG Share Price Target

VA Tech Wabag Ltd.
NSE: WABAG | BSE: 533269 | ISIN: INE956G01038 | Sector: Engineering

WABAG Rating

3.9/5 (7 Ratings)
WABAG Share Price *
203.5 -2.45 (-1.19%)
* (quote may be delayed)

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

WABAG Share Price Forecast - Consensus
No. of reports in last year
7
No. of analysts
3
Average Consensus Forecast
254.57
Consensus Potential
15.64%

WABAG Share Price Target - Broker Reports - 2020

11-Feb-20
Price @ Call: 217.95
Target: 280
BUY
VAW is trading at 9.0x and 7.8x, FY21E and FY22E earnings respectively. In view of the good order book and cash generation in 9MFY20, we have revised earnings upwards in FY20E/21E. We continue to value the stock at 10x FY22 earnings (earlier 10x FY21 earnings). Thus, arriving at a price target of Rs 280 (earlier target price of Rs 202). We will accord higher target multiple if 1) receipt of retention money from TSGENCO/APGENCO and 2) and improvement in project execution rate.
... Read more

11-Feb-20
Price @ Call: 217.95
Target: 200
REDUCE
Looking at the waste water treatment opportunities in India, we believe VA Tech is in a sweet spot in terms of potential order wins going ahead, which would bolster order backlog going ahead. However, we believe bloated working capital would limit the company’s execution capabilities and thereby the earnings growth, going ahead. We value the company at 10x PER FY21E and arrived a target price of Rs 200. We have a REDUCE rating on the stock.
... Read more

WABAG Share Price Target - Broker Reports - 2019

13-Nov-19
Price @ Call: 180.04
Target: 195
NEUTRAL
We cut our estimates for FY20/FY21 by 10%/6% to factor in lower-than-expected execution and margins. We lower our TP to INR195 from earlier INR260 on account of (a) earnings cut, and (b) cut in target FY21E P/E multiple to 8x v/s earlier 10x, which is in line with our coverage universe for the EPC space. Maintain Neutral given the deteriorating working capital cycle (176 days v/s 70-80 days historically) and the sticky receivables from APGenco and TSGenco worth INR4.2b.
... Read more

14-Nov-19
Price @ Call: 171.77
Target: 202
ADD
VAW is trading at 12.9x and 7.9x, FY20E and FY21E earnings respectively. We have scaled down our earnings and also curtailed our target PE in view of the delay in collecting long overdue receivables. As a result, our target price stands reduced to 202 (earlier Rs 300), valuing the stock at 12x average EPS of FY20E & FY21E (earlier 15x FY20 earnings).
... Read more

14-Aug-19
Price @ Call: 271.9
Target: 300
ADD
VAW is trading at 19.0x and 10.6x, FY20E and FY21E earnings respectively. In view of the long term growth potential in water and waste water treatment and reasonable valuations, we maintain rating at “ADD” with price target of Rs 300 (earlier Rs 335), valuing the stock at 15x average EPS of FY20E & FY21E (earlier 13x FY20 earnings).
... Read more

24-May-19
Price @ Call: 298.7
Target: 270
REDUCE
On the order backlog front, we expect order book to grow at 22.6% CAGR in FY19-21E. We expect revenue, EBITDA and PAT CAGR of 20.2%, 29.4% and 29.8%, respectively. Receivables from Genco projects continue to remain a concern, which is now at Rs 415 crore, (of which | 115 crore is expected by Q2FY20E). Delay in receivables has strained the balance sheet. Wabag may also have to raise additional capital to fund its liability mismatches. Accordingly, we remain cautious on the company. We value the company at 11x FY21E earnings to arrive at a target price of Rs 270. We recommend REDUCE on the company.
... Read more

23-May-19
Price @ Call: 300
Target: 335
ADD
VAW is trading at 13.7x and 11.4x, FY20E and FY21E earnings respectively. In view of the long term growth potential in water and waste water treatment and reasonable valuations, we move rating to “ADD” (earlier BUY) with price target of Rs 335 (earlier Rs 338), valuing the stock at 13x FY21E (earlier 13x FY20 earnings).
... Read more

12-Feb-19
Price @ Call: 273
Target: 338
BUY

12-Feb-19
Price @ Call: 273
Target: 320
BUY

WABAG Share Price Target - Broker Reports - 2018

19-Nov-18
Price @ Call: 291.76
Target: 378
BUY

15-Nov-18
Price @ Call: 289.39
Target: 315
NEUTRAL

17-Aug-18
Price @ Call: 389.5
Target: 628
BUY

13-Aug-18
Price @ Call: 368.75
Target: 475
BUY

10-Aug-18
Price @ Call: 375.87
Target: 465
BUY

10-Aug-18
Price @ Call: 375.87
Target: 450
BUY

30-May-18
Price @ Call: 446.9
Target: 577
ACCUMULATE

24-Apr-18
Price @ Call: 529.45
Target: 672
BUY

21-Feb-18
Price @ Call: 557.73
Target: 765
BUY

15-Feb-18
Price @ Call: 567.25
Target: 672
BUY

14-Feb-18
Price @ Call: 567.3
Target: 670
BUY

13-Feb-18
Price @ Call: 568.76
Target: 645
BUY

12-Feb-18
Price @ Call: 568.76
Target: 700
BUY

15-Jan-18
Price @ Call: 623.3
Target: 771
BUY

WABAG Share Price Target - Broker Reports - 2017

10-Nov-17
Price @ Call: 584
Target: 745
BUY

9-Nov-17
Price @ Call: 588.85
Target: 711
BUY

18-Aug-17
Price @ Call: 628.3
Target: 740
BUY

16-Aug-17
Price @ Call: 623.45
Target: 765
BUY

11-Aug-17
Price @ Call: 610.6
Target: 711
BUY

11-Aug-17
Price @ Call: 610.6
Target: 800
BUY

27-Jul-17
Price @ Call: 599.95
Target: 711
BUY

31-May-17
Price @ Call: 669
Target: 765
BUY

23-Mar-17
Price @ Call: 605
Target: 745
BUY

17-Mar-17
Price @ Call: 596.55
Target: 760
BUY

22-Feb-17
Price @ Call: 547.34
Target: 664
BUY

14-Feb-17
Price @ Call: 490
Target: 630
BUY

13-Feb-17
Price @ Call: 490
Target: 746
BUY

WABAG Share Price Target - Broker Reports - 2016

10-Nov-16
Price @ Call: 496
Target: 781
BUY

10-Nov-16
Price @ Call: 520
Target: 640
BUY

9-Nov-16
Price @ Call: 496
Target: 667
ACCUMULATE

12-Sep-16
Price @ Call: 561.5
Target: 650
BUY

25-Aug-16
Price @ Call: 570
Target: 656
NEUTRAL

16-Aug-16
Price @ Call: 585
Target: 728
BUY

2-Jun-16
Price @ Call: 595
Target: 781
BUY

  • WABAG - Share Price Target Potential

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    BrokerageTargetPotential
    Kotak Securities28026.45%
    ICICIdirect.com200-2.97%
    Motilal Oswal195-5.62%
  • WABAG Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3225.82
    Upside Target 2218.38
    Upside Target 1211.07
    Pivot203.63
    Downside Target 1196.32
    Downside Target 2188.88
    Downside Target 3181.57
  • WABAG Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3249.53
    Upside Target 2236.27
    Upside Target 1226.53
    Pivot213.27
    Downside Target 1203.53
    Downside Target 2190.27
    Downside Target 3180.53
  • WABAG Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3301.75
    Upside Target 2269.75
    Upside Target 1242.4
    Pivot210.4
    Downside Target 1183.05
    Downside Target 2151.05
    Downside Target 3123.7
  • WABAG Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3218.38
    Upside Target 2212.75
    Upside Target 1209.27
    Pivot203.63
    Downside Target 1198
    Downside Target 2194.52
    Downside Target 3188.88
  • WABAG Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3236.27
    Upside Target 2227.48
    Upside Target 1222.05
    Pivot213.27
    Downside Target 1204.48
    Downside Target 2199.05
    Downside Target 3190.27
  • WABAG Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3269.75
    Upside Target 2247.08
    Upside Target 1233.07
    Pivot210.4
    Downside Target 1187.73
    Downside Target 2173.72
    Downside Target 3151.05
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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