The 10 reports from 6 analysts offering long term price targets for Affle (India) Ltd. have an average target of 1831.50. The consensus estimate represents an upside of 20.15% from the last price of 1524.30.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-06-02||Affle (India) Ltd.||Axis Direct||1514.10||1888.00||1514.10 (0.67%)||23.86||Buy|
Affle Ltd (Affle) reported tepid results in Q4 FY20. Revenue stood at Rs. 80.02 crs up 33.8% YoY. Operating profit showed a growth of 26.3% YoY at Rs. 20crs while operating margin declined sequentially by 30bps and stood at 25%due to higher data and inventory cost than expected.
|2020-06-01||Affle (India) Ltd.||ICICI Securities Limited||1514.10||1775.00||1514.10 (0.67%)||16.45||Buy|
ICICI Securities Limited
Revenues (especially international revenues) in Q4FY20 were impacted by the Covid-19 pandemic. In Q1FY21E, we expect revenues to decline 9.0% YoY led by lockdown related challenges. However, we expect revenues to improve in coming quarters with easing of lockdown and improvement in ecommerce revenues. Also, in the longer run, we expect the company to be a key beneficiary of increased spend in mobile advertising (to increase at a CAGR of ~35% in 2019-25). Further, in a post-Covid world, we expect a significant shift among consumers to adopt digital technology globally, which will drive long term revenues. In addition, we expect Affle to continue...
|2020-05-31||Affle (India) Ltd.||Axis Direct||1540.20||1888.00||1540.20 (-1.03%)||23.86||Buy|
|2020-05-26||Affle (India) Ltd.||Axis Direct||1627.50||1888.00||1627.50 (-6.34%)||23.86||Buy|
|2020-05-18||Affle (India) Ltd.||ICICI Securities Limited||1339.00||1530.00||1339.00 (13.84%)||Target met||Buy|
|2020-04-17||Affle (India) Ltd.||Prabhudas Lilladhar||1470.70||1470.70 (3.64%)||Buy|
Affle India is a digital marketing and advertising company that focuses on targeted mobile marketing using artificial intelligence and data Analytics to show relevant mobile advertising to the user so as to convert him to click / sign up and make a purchase. It's the ads we see on social media and websites which are targeted to specific users based on their digital profile and history. The whole play is on increasing penetration of mobile shopping, online payments, increased mobile + data penetration and changing consumer trends to make purchases online. The company operates in a segment that thrives on 4 key pillars: 1. Discretionary spending by consumers :...
|2019-08-22||Affle (India) Ltd.||Geojit BNP Paribas||781.60||781.60 (95.02%)||IPO Avoid|
Geojit BNP Paribas
Affle (India) Ltd is a global ad tech solution provider with two business segments: Consumer Platform (~97% of sales as of FY19) and Enterprise Platform. The company offers a variety of mobile-based marketing commerce solutions including mobile advertising, fraud detection, rich media and video, data management, audience intelligence and ad monetization. Affle caters the needs of B2C companies across various industries including e-commerce, fin-tech,...
|2019-07-29||Affle (India) Ltd.||HDFC Securities||IPO Note|
|2019-07-28||Affle (India) Ltd.||Ventura||Not Rated|
|2019-07-25||Affle (India) Ltd.||ICICI Securities Limited||IPO Note|
ICICI Securities Limited
Consumer platform with leading position in India According to Frost & Sullivan, the company is a leading ad tech solution provider in India. As on March 31, 2019, the company had ~571 million consumer profiles in India with services across the value chain in digital advertising, fraud detection and ad network. Affle India is one of the very few companies that has products spanning the entire value chain. While some companies are more focussed on buy side platforms, others are focused on the publisher side. The ad tech market in India is fast growing,...