Ambit Holdings Reaffirms Their Buy Rating on Prestige Estates Projects Limited (PRESTIGE)
Ambit Holdings analyst Karan Khanna maintained a Buy rating on Prestige Estates Projects Limited (PRESTIGE – Research Report) yesterday and set a price target of INR1,850.00. The company's shares closed yesterday at INR1,665.40.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Prestige Estates Projects Limited with a INR1,825.00 average price target.
Based on Prestige Estates Projects Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR16.55 billion and a net profit of INR177 million. In comparison, last year the company earned a revenue of INR17.96 billion and had a net profit of INR1.16 billion
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