Archive · 2 Dec 2025
BofA Predicts 20% Upside for GMR Airports
GMR Airports is a company that manages airports.
A company called BOFA Securities thinks that GMR Airports' stock price could go up by 20%.
They gave it a 'Buy' rating and set a target price of ₹128 per share.
They believe this because more people are traveling in India, and the company is doing well with other businesses like real estate.
They also think some legal decisions will help the company.
However, there are some risks, like possible disruptions when a new airport opens in Delhi and some uncertainties in the region.
Most other analysts also think the stock is a good buy.
BOFA Securities initiated coverage on GMR Airports with a 'Buy' rating and a price target of ₹128 per share.
The brokerage expects a 20% upside from the current share price of ₹107.67.
GMR Airports is positioned for strong earnings growth due to rising travel demand and non-aero revenues.
Potential catalysts include upward revisions to consensus estimates and the reopening of Pakistan's airspace.
Key risks include near-term traffic disruption and geopolitical uncertainties.
- Who
- GMR Airports Ltd. and BOFA Securities
- What
- BOFA Securities predicts 20% upside for GMR Airports
- When
- Coverage initiated on December 2
- Where
- India
- Why
- Strong earnings growth, rising travel demand, and favorable legal outcomes
- Company
- GMR Airports Ltd.
- Brokerage
- BOFA Securities
- Rating
- Buy
- Price Target
- ₹128 per share
- Current Share Price
- ₹107.67
- Valuation
- 15x adjusted EV/EBITDA
- Analysts' Ratings
- 5 Buy, 1 Hold