|
14 Sep 2025 |
Hero MotoCorp
|
Consensus Share Price Target
|
5301.50 |
5106.40 |
- |
-3.68 |
buy
|
|
|
|
|
07 Nov 2022
|
Hero MotoCorp
|
ICICI Securities Limited
|
5301.50
|
2955.00
|
2588.90
(104.78%)
|
Target met |
Accumulate
|
|
|
Hero MotoCorp’s (HMCL) Q2FY23 EBITDA margin, at 11.4% (up 23bps QoQ), missed consensus estimate of 12.3% though revenue at ~Rs91bn, up 8% QoQ, was higher than consensus estimate of Rs88bn.
|
|
06 Nov 2022
|
Hero MotoCorp
|
ICICI Direct
|
5301.50
|
2910.00
|
2588.90
(104.78%)
|
Target met |
Hold
|
|
|
|
|
05 Nov 2022
|
Hero MotoCorp
|
Prabhudas Lilladhar
|
5301.50
|
3175.00
|
2621.05
(102.27%)
|
Target met |
Buy
|
|
|
|
|
10 Oct 2022
|
Hero MotoCorp
|
ICICI Direct
|
5301.50
|
2870.00
|
2535.90
(109.06%)
|
Target met |
Hold
|
|
|
|
|
19 Aug 2022
|
Hero MotoCorp
|
Geojit BNP Paribas
|
5301.50
|
3172.00
|
2799.80
(89.35%)
|
Target met |
Hold
|
|
|
|
|
16 Aug 2022
|
Hero MotoCorp
|
IDBI Capital
|
5301.50
|
3062.00
|
2817.00
(88.20%)
|
Target met |
Hold
|
|
|
|
|
16 Aug 2022
|
Hero MotoCorp
|
Prabhudas Lilladhar
|
5301.50
|
3130.00
|
2913.45
(81.97%)
|
Target met |
Buy
|
|
|
|
|
16 Aug 2022
|
Hero MotoCorp
|
Axis Direct
|
5301.50
|
3060.00
|
2817.00
(88.20%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock on the back of reasonable valuations and revise our TP to Rs 3,060/share (Rs 3,000 earlier). We value the stock at 15x FY24E EPS, implying an 11% upside from the CMP.
|
|
15 Aug 2022
|
Hero MotoCorp
|
ICICI Securities Limited
|
5301.50
|
3101.00
|
2761.90
(91.95%)
|
Target met |
Accumulate
|
|
|
Hero MotoCorp’s (HMCL) Q1FY23 EBITDA margin, at 11.2% (flat QoQ), missed consensus estimate of 12.5% and revenue of Rs 84bn, up 13% QoQ, was less than consensus estimate of Rs 87bn.
|
|
13 Aug 2022
|
Hero MotoCorp
|
Motilal Oswal
|
5301.50
|
3225.00
|
2817.00
(88.20%)
|
Target met |
Buy
|
|
|
|