Archive · 3 Oct 2025
HDFC Securities Raises Metro Brands Target to Rs 1,050
HDFC Securities, a financial company, increased its target price for Metro Brands, a retail company, to Rs 1,050.
Even with this increase, HDFC Securities maintained a 'Sell' rating due to high valuation.
The brokerage expects sales to stabilize after GST adjustments.
The Walkway segment, with its lower-priced products, is seen as a potential game-changer.
Metro Brands has shown strong growth in the past, and the potential for the Walkway segment is significant.
HDFC Securities raised the target price for Metro Brands to Rs 1,050.
The rating remained at 'Sell' despite the increased target.
The brokerage anticipates sales stabilization post GST changes.
Walkaway segment is seen as a potential key growth driver.
Metro Brands has demonstrated strong historical revenue and EBITDA growth.
- Who
- HDFC Securities and Metro Brands
- What
- HDFC Securities raised the target price for Metro Brands but maintained a 'Sell' rating.
- When
- Recent times, including Q2 and the first half of September.
- Where
- N/A
- Why
- The brokerage anticipates sales readjustment due to new GST rates and sees potential in the Walkaway segment.
- Target Price (HDFC)
- Rs 1,050
- Previous Target (HDFC)
- Rs 980
- Implied Downside
- 15%
- Rating
- Sell
- 1-year P/E
- 55x
- Sales Contribution (Rs 2,500 products)
- 40%