MakeMyTrip Limited (MMYT) Social Stream
MAKEMYTRIP LTD (MMYT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering MAKEMYTRIP LTD.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-27 | 1 | $36 | $36 | $36 | $28.53 | 26.18% |
| 2022-01-25 | 1 | $30 | $30 | $30 | $28.53 | 5.15% |
| 2022-05-25 | 2 | $30 | $29 | $29.5 | $28.53 | 3.4% |
| 2022-05-26 | 3 | $43 | $29 | $34 | $28.53 | 19.17% |
| 2022-06-13 | 4 | $43 | $29 | $34.75 | $28.53 | 21.8% |
| 2022-07-27 | 4 | $43 | $29 | $35.5 | $28.53 | 24.43% |
| 2022-08-13 | 4 | $43 | $33 | $36.5 | $28.53 | 27.94% |
| 2022-08-30 | 5 | $43 | $33 | $39 | $28.53 | 36.7% |
| 2022-10-04 | 6 | $44 | $33 | $39.833 | $28.53 | 39.62% |
| 2022-11-02 | 6 | $44 | $36 | $40.333 | $28.53 | 41.37% |
| 2023-01-31 | 6 | $44 | $36 | $40.333 | $28.53 | 41.37% |
The Trend in the Analyst Price Target
Over the past 19 months, MMYT's average price target has gone up $8.16.
MMYT reports an average of 26.64% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-06-13 | 4 | 43 | 29 | 34.750 | 26.10 | 33.14% |
| 2022-09-14 | 6 | 44 | 33 | 39.833 | 33.98 | 17.22% |
| 2022-09-17 | 6 | 44 | 33 | 39.833 | 32.27 | 23.44% |
| 2023-01-03 | 6 | 44 | 36 | 40.333 | 27.37 | 47.36% |
| 2023-01-18 | 6 | 44 | 36 | 40.333 | 29.50 | 36.72% |
MMYT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.08 | 5 | 1 | 0 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
MMYT's average broker recommendation rating improved by 0.16 over the prior 122 days.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, MAKEMYTRIP LTD's number of analysts covering the stock is higher than 164% of them.
- To contextualize these metrics, consider that out of Transportation stocks, MAKEMYTRIP LTD's variance in analysts' estimates is lower than -162.27% of them.
- MAKEMYTRIP LTD's average analyst price target is greater than 344.5% of Industrials stocks.
- To contextualize these metrics, consider that out of Transportation stocks, MAKEMYTRIP LTD's upside potential (average analyst target price relative to current price) is higher than 630.66% of them.
Stocks similar to MAKEMYTRIP LTD in the Transportation industry regarding analyst recommendations and price targets are MODV, GATX, and ASTR.
View All Top Stocks by Price Target
Is MMYT a Buy, Hold or Sell? See the POWR Ratings now!