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WABAG Share Price Target
Va Tech Wabag Ltd.
Sector: Engineering
Sector: Engineering
WABAG Share Price *
284.6 -11.65 (-3.93%)
* (quote may be delayed)
WABAG Share Price Forecast - Consensus
| No. of reports in last year | 7 |
| No. of analysts | 4 |
| Average Consensus Forecast | 322.29 |
| Consensus Potential | 7.21% |
WABAG Share Price Target - Broker Reports - 2019
Kotak Securities
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).
ICICIdirect.com
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.
Kotak Securities
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).
Edelweiss
12-Feb-19
Price @ Call: 273
Target: 320
BUY
Kotak Securities
12-Feb-19
Price @ Call: 273
Target: 338
BUY
WABAG Share Price Target - Broker Reports - 2018
Kotak Securities
19-Nov-18
Price @ Call: 291.76
Target: 378
BUY
Motilal Oswal
15-Nov-18
Price @ Call: 289.39
Target: 315
NEUTRAL
KRChoksey
17-Aug-18
Price @ Call: 389.5
Target: 628
BUY
Kotak Securities
13-Aug-18
Price @ Call: 368.75
Target: 475
BUY
Motilal Oswal
10-Aug-18
Price @ Call: 375.87
Target: 450
BUY
Sharekhan
10-Aug-18
Price @ Call: 375.87
Target: 465
BUY
Prabhudas Lilladher
30-May-18
Price @ Call: 446.9
Target: 577
ACCUMULATE
Kotak Securities
24-Apr-18
Price @ Call: 529.45
Target: 672
BUY
Axis Direct
21-Feb-18
Price @ Call: 557.73
Target: 765
BUY
Kotak Securities
15-Feb-18
Price @ Call: 567.25
Target: 672
BUY
ICICIdirect.com
14-Feb-18
Price @ Call: 567.3
Target: 670
BUY
Cholamandalam Securities
13-Feb-18
Price @ Call: 568.76
Target: 645
BUY
Motilal Oswal
12-Feb-18
Price @ Call: 568.76
Target: 700
BUY
CD Equisearch
15-Jan-18
Price @ Call: 623.3
Target: 771
BUY
WABAG Share Price Target - Broker Reports - 2017
Motilal Oswal
10-Nov-17
Price @ Call: 584
Target: 745
BUY
Kotak Securities
9-Nov-17
Price @ Call: 588.85
Target: 711
BUY
Axis Direct
18-Aug-17
Price @ Call: 628.3
Target: 740
BUY
ICICIdirect.com
16-Aug-17
Price @ Call: 623.45
Target: 765
BUY
Motilal Oswal
11-Aug-17
Price @ Call: 610.6
Target: 800
BUY
Kotak Securities
11-Aug-17
Price @ Call: 610.6
Target: 711
BUY
Kotak Securities
27-Jul-17
Price @ Call: 599.95
Target: 711
BUY
ICICIdirect.com
31-May-17
Price @ Call: 669
Target: 765
BUY
ICICIdirect.com
23-Mar-17
Price @ Call: 605
Target: 745
BUY
Motilal Oswal
17-Mar-17
Price @ Call: 596.55
Target: 760
BUY
Axis Direct
22-Feb-17
Price @ Call: 547.34
Target: 664
BUY
ICICIdirect.com
14-Feb-17
Price @ Call: 490
Target: 630
BUY
Edelweiss
13-Feb-17
Price @ Call: 490
Target: 746
BUY
WABAG Share Price Target - Broker Reports - 2016
SPA Securities
10-Nov-16
Price @ Call: 496
Target: 781
BUY
ICICIdirect.com
10-Nov-16
Price @ Call: 520
Target: 640
BUY
Prabhudas Lilladher
9-Nov-16
Price @ Call: 496
Target: 667
ACCUMULATE
Sharekhan
12-Sep-16
Price @ Call: 561.5
Target: 650
BUY
Centrum
25-Aug-16
Price @ Call: 570
Target: 656
NEUTRAL
Axis Direct
16-Aug-16
Price @ Call: 585
Target: 728
BUY
SPA Securities
2-Jun-16
Price @ Call: 595
Target: 781
BUY