377.80 5.40 (1.45%)
NSEJan 27, 2021 03:31 PM
The 1 reports from 1 analysts offering long term price targets for Cantabil Retail India Ltd. have an average target of 398.00. The consensus estimate represents an upside of 5.35% from the last price of 377.80.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-08-19||Cantabil Retail Indi.. +||Khambatta Securities||310.00||398.00||310.00 (21.87%)||Target met||Buy|
A branded retail play in the vast mid-premium segment of the apparels market, Cantabil has developed a scalable business model and looks to capture the huge market opportunity by expanding aggressively. Cantabil's strategy of using a combination of own and outsourced facilities in manufacturing and retailing allows it to operate an asset-light model while expanding rapidly and effectively managing inventory. With a revamp of business model, aggressive target for average sales per store looks achievable while brand loyalty, increasing footfall...