1 month ago
Varun Beverages: Analysts' Target Prices and Market Outlook
Varun Beverages is a company that makes and sells beverages.
Recently, many financial experts, called analysts, have given their opinions on how the company's stock will perform in the future.
Some analysts think the stock will go up a lot, setting high target prices like Rs 629.
Others are more cautious, setting lower targets like Rs 490.
The company has been doing well, with good growth in India and even better growth in other countries.
However, there have been some problems like bad weather that have affected their sales.
Overall, most analysts think the company will keep doing well because it has a strong plan for growth and is expanding its business in many places.
Varun Beverages' stock settled at Rs 429.50 on Tuesday.
Analysts' target prices range from Rs 490 (Elara Securities) to Rs 629 (CLSA).
Emkay Global cut its target by 15% to Rs 525 due to climate-related disruptions.
The company showed 20% year-on-year volume growth, with 14% in India and 38% internationally.
MOFSL suggests a target of Rs 560, citing strong performance and growth prospects.
- Who
- Varun Beverages, Analysts (CLSA, Morgan Stanley, Jefferies, etc.)
- What
- Analysts' target prices and market outlook for Varun Beverages
- Where
- Global markets, with a focus on India and international operations
- When
- Recent analysis and target prices set by various brokerages
- Why
- To provide investment insights and growth projections for Varun Beverages
Bullish Analysts
Bearish Analysts
Stock Performance
Bullish Analysts
Analysts like CLSA, Jefferies, and Morgan Stanley have set high target prices, indicating strong growth potential.
Bearish Analysts
Elara Securities and JM Financial have set lower targets, suggesting caution due to near-term uncertainties.
Earnings and Growth
Bullish Analysts
Emkay Global highlights strong execution, outperformance against FMCG peers, and robust international growth.
Bearish Analysts
Emkay Global also notes a 3-4% earnings cut and a 11% drop in target multiple due to climate-related disruptions.
Key facts
- Current Stock Price
- Rs 429.50
- Highest Target Price
- Rs 629 (CLSA)
- Lowest Target Price
- Rs 490 (Elara Securities)
- India Topline Growth
- 13%
- International Volume Growth
- 25%
- Net Realisation per Case Growth
- 1.2%
Quotes
Elara Securities analyst
Brokerage firm analyst
“Elara Securities, which suggested the lowest target on VBL at Rs 490 so far, said near‑term stock performance will depend on the success of at least one of the recently launched products or the execution of new initiatives that can provide greater visibility into sustaining double‑digit volume growth.”
businesstoday.in
“Emkay Global said it has cut its target by 15 per cent to Rs 525, citing a 3‑4 per cent earnings cut and 11 per cent drop in its target multiple on multiple climate‑related disruptions in the peak season over 2023‑26.”
businesstoday.in











