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    Buy PNC Infratech, target Rs 142: Geojit BNP Paribas Financial Services

    Synopsis

    Revenue & PBT CAGR of 22% & 27% over FY16-18E is expected. Normal tax rate would be applicable from FY18E onwards

    Geojit BNP Paribas Financial Services has a buy call on PNC Infratech Ltd. with a target price of Rs 142 .The current market price of PNC Infratech Ltd. is 115.45 Time period given by analyst is year when PNC Infratech Ltd. price can reach defined target. Geojit BNP Paribas sees standalone business at a PE of 14x FY18E EPS and BOT projects at 1xP/B.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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