Avenue Supermarts: Ecommerce to refuel growth engine; BUY with target of Rs 3296 says Prabhudas Lilladher
Prabhudas Lilladher retained Buy rating and increased their target price to Rs 3296 (Rs2316 earlier) despite 52% appreciation since our upgrade in October. Prabhudas Lilladher estimated 29.8% PAT CAGR over FY20-23 and 28.9% over FY20-25, as they increased EPS between 4.9-5.7% over FY21 to 23 and 2.9% for FY21/22/23.
Prabhudas Lilladher estimated 29.8% PAT CAGR over FY20-23 and 28.9% over FY20-25, as they increased EPS between 4.9-5.7% over FY21 to 23 and 2.9% for FY21/22/23: pic taken from youtube.com