MakeMyTrip Limited (MMYT) Social Stream
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.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-27 | 1 | $36 | $36 | $36 | $28.73 | 25.3% |
| 2022-01-25 | 1 | $30 | $30 | $30 | $28.73 | 4.42% |
| 2022-05-25 | 2 | $30 | $29 | $29.5 | $28.73 | 2.68% |
| 2022-05-26 | 3 | $43 | $29 | $34 | $28.73 | 18.34% |
| 2022-06-13 | 4 | $43 | $29 | $34.75 | $28.73 | 20.95% |
| 2022-07-27 | 4 | $43 | $29 | $35.5 | $28.73 | 23.56% |
| 2022-08-13 | 4 | $43 | $33 | $36.5 | $28.73 | 27.04% |
| 2022-08-30 | 5 | $43 | $33 | $39 | $28.73 | 35.75% |
| 2022-10-04 | 6 | $44 | $33 | $39.833 | $28.73 | 38.65% |
| 2022-11-02 | 6 | $44 | $36 | $40.333 | $28.73 | 40.39% |
The Trend in the Analyst Price Target
MMYT's average price target has moved up $17.13 over the prior 29 months.
Over the past 40 weeks, MMYT's average upside potential has been 22.61%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-01-25 | 1 | 30 | 30 | 30.000 | 24.54 | 22.25% |
| 2022-04-12 | 2 | 30 | 29 | 29.500 | 25.00 | 18% |
| 2022-05-26 | 3 | 43 | 29 | 34.000 | 28.59 | 18.92% |
| 2022-10-11 | 6 | 44 | 36 | 40.333 | 30.15 | 33.77% |
| 2022-11-02 | 6 | 44 | 36 | 40.333 | 27.23 | 48.12% |
MMYT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.33 | 5 | 0 | 1 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
MMYT's average broker recommendation rating improved by 0.17 over the prior 92 days.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how MAKEMYTRIP LTD fares relative to all US stocks, note that its number of analysts covering the stock is greater than 173.23% of that group.
- In terms of how MAKEMYTRIP LTD fares relative to Transportation stocks, note that its variance in analysts' estimates is lower than -175.3% of that group.
- In the context of Industrials stocks, MAKEMYTRIP LTD's average analyst price target is higher than 352.58% of them.
- In the context of stocks in the mid market cap category, MAKEMYTRIP LTD's upside potential (average analyst target price relative to current price) is higher than 362.77% of them.
In the Transportation industry, GATX, TRMD, and EURN are the three stocks most similar to MAKEMYTRIP LTD regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
Is MMYT a Buy, Hold or Sell? See the POWR Ratings now!