Archive · 9 Jun 2025
ITC Stock Gets 'Add' Rating; Potential 13% Upside Seen
A financial firm, Emkay Global, thinks ITC stock can go up.
They suggest investors buy the stock and expect it to reach ₹475 by early 2026, about 13% higher than its current value.
The company believes that recent problems are mostly over and things will get better.
They expect the company to earn a lot more money in the next few years, driven by better sales and the growth of different businesses.
While the stock faced issues before, they anticipate these issues are resolved now and ITC's businesses should improve soon.
Emkay Global gave an 'ADD' rating to ITC Ltd. with a target price of ₹475.
The target price suggests a 13% potential upside from current levels by March 2026.
Recent headwinds are believed to be largely resolved, supporting a possible re-rating.
Analysts anticipate double-digit earnings growth in FY27, driven by various factors.
Emkay expects a 12% sales and earnings CAGR between FY25 and FY28.
- Who
- Emkay Global analysts, and ITC Ltd.
- What
- Emkay Global gave an 'ADD' rating to ITC Ltd.
- When
- Targeted by March 2026
- Where
- Not explicitly mentioned.
- Why
- Improving fundamentals could support re-rating and improved performance.
Negative Factors
Positive Outlook
Performance Concerns
Negative Factors
Weak topline performance and margin pressure contributed to a stock correction.
Positive Outlook
Analysts expect improvement in financials, with double-digit earnings growth projected for FY27.
- Brokerage
- Emkay Global
- Rating
- ADD
- Target Price
- ₹475 (March 2026)
- Potential Upside
- 13%
- Earnings CAGR (FY25-FY28)
- 12%
- SOTP Valuation
- ₹475
