MakeMyTrip Ltd (MMYT) Price Targets From Analysts
Use the tables below to see what analysts covering MakeMyTrip Ltd think about its future price and what recommendations they have for investors and traders.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 5 | $39 | $18 | $32.2 | $25.07 | 28.44% |
The Trend in the Analyst Price Target
MMYT's average price target has moved up $0.45 over the prior 63 days.
Over the past 339 days, MMYT's average upside potential has been 3.12%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-05-08 | 5 | 39.0 | 18.0 | 32.20 | 25.64 | 25.59% |
| 2021-04-25 | 5 | 39.0 | 18.0 | 32.20 | 26.25 | 22.67% |
| 2021-04-17 | 5 | 39.0 | 18.0 | 32.20 | 26.35 | 22.2% |
| 2021-04-10 | 4 | 39.0 | 32.0 | 35.75 | 30.28 | 18.06% |
| 2021-04-03 | 5 | 39.0 | 32.0 | 36.10 | 32.08 | 12.53% |
| 2021-03-20 | 6 | 39.0 | 10.0 | 31.75 | 36.58 | -13.2% |
| 2021-03-13 | 6 | 39.0 | 10.0 | 31.75 | 37.01 | -14.21% |
| 2021-03-06 | 6 | 39.0 | 10.0 | 31.75 | 32.17 | -1.31% |
| 2021-02-27 | 6 | 39.0 | 10.0 | 31.75 | 33.55 | -5.37% |
| 2021-02-20 | 6 | 39.0 | 10.0 | 31.75 | 32.98 | -3.73% |
| 2021-02-13 | 7 | 39.0 | 10.0 | 29.59 | 29.68 | -0.3% |
| 2021-02-06 | 7 | 39.0 | 10.0 | 29.59 | 28.56 | 3.61% |
| 2021-01-30 | 7 | 39.0 | 10.0 | 29.59 | 28.53 | 3.72% |
| 2021-01-23 | 7 | 36.0 | 10.0 | 26.19 | 31.27 | -16.25% |
| 2021-01-16 | 7 | 36.0 | 10.0 | 26.19 | 30.92 | -15.3% |
| 2021-01-09 | 7 | 36.0 | 10.0 | 24.47 | 28.72 | -14.8% |
| 2021-01-02 | 7 | 33.8 | 10.0 | 22.47 | 29.53 | -23.91% |
| 2020-12-26 | 7 | 33.8 | 10.0 | 22.47 | 27.19 | -17.36% |
| 2020-12-19 | 7 | 33.8 | 10.0 | 22.47 | 27.40 | -17.99% |
| 2020-12-09 | 7 | 33.8 | 10.0 | 22.04 | 24.79 | -11.09% |
| 2020-12-07 | 7 | 33.8 | 10.0 | 22.04 | 24.68 | -10.7% |
| 2020-11-28 | 7 | 33.8 | 10.0 | 22.04 | 25.59 | -13.87% |
| 2020-10-28 | 6 | 27.0 | 10.0 | 20.08 | 18.12 | 10.82% |
| 2020-09-09 | 6 | 24.0 | 10.0 | 18.17 | 16.51 | 10.05% |
| 2020-09-01 | 6 | 24.0 | 10.0 | 18.17 | 16.58 | 9.59% |
| 2020-08-21 | 5 | 24.0 | 10.0 | 17.20 | 13.75 | 25.09% |
| 2020-07-31 | 5 | 23.0 | 10.0 | 17.00 | 15.57 | 9.18% |
| 2020-07-20 | 5 | 23.0 | 10.0 | 17.02 | 16.27 | 4.61% |
| 2020-06-28 | 4 | 23.0 | 12.1 | 18.77 | 14.52 | 29.27% |
| 2020-06-12 | 5 | 42.0 | 10.0 | 21.08 | 17.57 | 19.98% |
| 2020-06-09 | 5 | 42.0 | 10.0 | 21.08 | 17.91 | 17.7% |
| 2020-06-03 | 6 | 42.0 | 10.0 | 23.20 | 17.24 | 34.57% |
MMYT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.7 | 1 | 2 | 1 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 426 days, MMYT's average broker recommendation rating worsened by 0.73.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MMYT as an investment opportunity.
- MakeMyTrip Ltd's variance in analysts' estimates is less than 15.19% of all US stocks.
- The upside potential (average analyst target price relative to current price) of MMYT is higher than 80% of Transportation stocks.
- MMYT has a higher number of analysts covering the stock than 30.24% of stocks in the mid market cap category.
- MakeMyTrip Ltd's average analyst price target is higher than 62.67% of Transportation stocks.
Stocks similar to MakeMyTrip Ltd in the Transportation industry regarding analyst recommendations and price targets are MESA, USX and NAT.
What is the outlook for MMYT? Use POWR Ratings for clearer insight into price direction.