332.05 0.20 (0.06%)
NSEOct 26, 2020 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 19.86% from the last price of 332.05.
|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 (7.11%)||19.86||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...