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Mahanagar Gas Ltd
NSE:MGL

Watchlist Manager
Mahanagar Gas Ltd Logo
Mahanagar Gas Ltd
NSE:MGL
Watchlist
Price: 1 443.85 INR -1.7% Market Closed
Updated: Apr 29, 2024

Wall Street
Price Targets

MGL Price Targets Summary
Mahanagar Gas Ltd

Wall Street analysts forecast MGL stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGL is 1 418.96 INR with a low forecast of 822.14 INR and a high forecast of 1 748.25 INR.

Lowest
Price Target
822.14 INR
43% Downside
Average
Price Target
1 418.96 INR
2% Downside
Highest
Price Target
1 748.25 INR
21% Upside
Mahanagar Gas Ltd Competitors:
Price Targets
GAIL
GAIL (India) Ltd
14% Downside
APA
APA Group
8% Upside
IGL
Indraprastha Gas Ltd
3% Upside
RUI
Rubis SCA
14% Upside
RGCO
RGC Resources Inc
34% Upside
600917
Chongqing Gas Group Corp Ltd
2% Upside
SPH
Suburban Propane Partners LP
12% Downside
605368
Henan Lantian Gas Co Ltd
13% Upside

Revenue
Forecast

Revenue Estimate
Mahanagar Gas Ltd

For the last 8 years the compound annual growth rate for Mahanagar Gas Ltd's revenue is 16%. The projected CAGR for the next 3 years is -1%.

16%
Past Growth
-1%
Estimated Growth
Estimates Accuracy
5%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Mahanagar Gas Ltd

For the last 8 years the compound annual growth rate for Mahanagar Gas Ltd's operating income is 11%. The projected CAGR for the next 3 years is 12%.

11%
Past Growth
12%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Net Income
Forecast

Net Income Estimate
Mahanagar Gas Ltd

For the last 8 years the compound annual growth rate for Mahanagar Gas Ltd's net income is 13%. The projected CAGR for the next 3 years is 13%.

13%
Past Growth
13%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGL's stock price target?
Price Target
1 418.96 INR

According to Wall Street analysts, the average 1-year price target for MGL is 1 418.96 INR with a low forecast of 822.14 INR and a high forecast of 1 748.25 INR.

What is Mahanagar Gas Ltd's Revenue forecast?
Projected CAGR
-1%

For the last 8 years the compound annual growth rate for Mahanagar Gas Ltd's revenue is 16%. The projected CAGR for the next 3 years is -1%.

What is Mahanagar Gas Ltd's Operating Income forecast?
Projected CAGR
12%

For the last 8 years the compound annual growth rate for Mahanagar Gas Ltd's operating income is 11%. The projected CAGR for the next 3 years is 12%.

What is Mahanagar Gas Ltd's Net Income forecast?
Projected CAGR
13%

For the last 8 years the compound annual growth rate for Mahanagar Gas Ltd's net income is 13%. The projected CAGR for the next 3 years is 13%.