Zeel Share Price Target Noting Sony’s ability to capture huge opportunities in the Indian media space, Motilal Oswal upgraded the stock to Buy with a price target of Rs 425. He gives the company a 12-month buy recommendation and price target. 428 rupees per share.

Zeel Share Price Target
Maintain a BUY with a revised target price of Rs 415 (previously Rs 399), valuing the company at 23x FY24 EPS at Rs 18.1 (no target multiple change) (including merger synergy benefits). Maintain our BUY recommendation on ZEEL shares with a target price of INR 428 as the Board’s concerns are expected to be resolved one way or another.
With the signing of the merger agreement, the key points to look at now will be Invescos’ support for the merger, timely regulatory approval, seamless integration, strategic roadmap for OTT investment, and restoration of Zees viewer share in selected key markets.
Invesco’s support for the merger, fast regulatory approvals, easy integration, OTT’s strategic investment plan, and Zees’ audience recovery in some key areas are all important elements to look out for now that the merger deal has been signed. . Zees’ renewed loss of market share in Hindi GEC and some regional markets is key in the near future.
Zeel Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
Brokers are positive about Zee Entertainment Enterprises with a price target of up to Rs 450, up about 29% from Wednesday’s closing price. In his December 22, 2021 research report, Sharekhan offered a Buy recommendation for Zee Entertainment Enterprises with a target price of Rs 400. Sharekhan maintained his BUY recommendation on ZEE with a target price of Rs. Morgan Stanley cut its price target for ZEEL shares by 33 percent to Rs 248, while maintaining its underweight position.
You might want to buy the stock intraday tomorrow with a stop loss of 277.1 with a target of 297 or 313.56. ZEEL’s daily price action analysis based on the short term time frame is definitely negative. A longer analysis of the price action could give a better picture of this stock’s performance. The stock may touch or break these levels during the weekly trading sessions.
The current share price is 215.30. However, if the trend reverses from this point, possible future share price targets could be 214, 201, 191, 180, 166, 158, 149, 141, 128 or 114.00. It also acts as a long-term support and resistance level. Our stock analyst Ai said that there is a future, and stocks are used to make money. CLSA stock has a target price of Rs 415, which implies around 22% upside from current levels.
With a possible recovery in FY21 on a weak basis, we upgrade our recommendation from HOLD to BUY with a revised target price of Rs 345 per share, valuing it at 18x FY21 P/E. It continues to buy with a revised target price for Sep 22E of Rs 415 (11x pro forma transfer EBITDA, Sep 23E) compared to Rs 430 previously. The company reported an after-tax net profit of Rs 208.77 crore in the latest quarter. Brokerage firms have trimmed EBITDA estimates for FY22-24 by 3%-5% due to weak Q2 revenue reporting and higher cost guidance. The company reported an after-tax net profit of Rs 208.77 crore in the latest quarter.
The company was formerly known as Zee Telefilms Limited and changed its name to Zee Entertainment Enterprises Limited in January 2007. In 2014, the company launched Zee Music Company as a music publishing label and acquired an 80% stake in a technology startup. Networks in 2017. The company has about 1.3 billion viewers in 173 countries. This company is listed on the Bombay Stock Exchange (BSE) under code 505537 and on the National Stock Exchange (NSE) under the symbol ZEEL.
With a market share of 25%, it will become India’s largest media company. As part of the agreement, linear network facilities, digital assets, manufacturing operations and software libraries will be combined. Sony will retain management control of the new company with a 50.9% stake. ZEEL organizers will receive a 2.11% stake in the combined company in lieu of a non-compete agreement and will have the option to increase their stake from 3.99% to 20% through open market purchases.
With ZEEL’s current Friday share price of $289,250 as of January 28, 2022, our data shows that the asset’s price has been rising over the past year (or since its inception). The stock has been dominated by buyers this week, and the trend is likely to continue for several days. Zee Entertainment’s weekly price action analysis based on short-term time frames is definitely negative. According to the MACCD indicator, Zee Entertainment stock is signaling and showing sentiment.
If you just want to know where Zee Entertainment is going tomorrow, click here or Zee Entertainment share price target or see what the experts think about Zee Entertainment or Zee Entertainment announcements and news, broadcast and cable public stocks, Zee Entertainment ZEEL share price target as of On Friday, February 5, 2021, Zee Entertainment ZEEL was trading at 215.30 with an immediate share price target of 193.95 and 233.4.
ZEEL’s current stock recommendations are for daily and intraday use only and are not related to fundamentals or stock market news. This equity target, projection or projection should be used for reference and educational purposes only.
The Data or Information provided may or may not be accurate or reliable for the Investment and should therefore be used at your own risk. Please be fully aware of the risks and costs associated with trading in the financial markets, this is one of the riskiest forms of investment.
BSE and Sensex quotes are displayed in real time and licensed by the Bombay Stock Exchange. These forecasts are based on some of the most widely used techniques and fundamental indicators; therefore, they are expected to give accurate forecasts. The Aroon indicator is a technical indicator used to determine the trend change in the price of an asset, and the strength of that trend. This indicator helps traders predict stock prices and trade accordingly.
You can buy this stock if the price hits a buy entry, or you can sell short if the price hits a sell entry. Along with this, we have also provided stop losses for both buy and sell purposes.
Even before the brokerage even started its calls, investors flocked to the Zee cashier in the secondary market trading 7.06 crores of shares, the second highest in 3 months.
After the merger, the chain’s market share will be 28%, bringing the total repertoire to cover all genres. We believe that ZEEL’s decision to go with a financial investor rather than a strategic investor could break the path that could take the company to the next level. An important predictor of stock price growth is their track record.
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