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MakeMyTrip Analyst Ratings

Benzinga ·  Aug 2, 2023 07:04
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/02/2023 42.41% Citigroup $43 → $45 Maintains Buy
07/13/2023 36.08% Citigroup $43 → $43 Reiterates Buy → Buy
12/08/2022 13.92% Morgan Stanley → $36 Upgrades Equal-Weight → Overweight
09/14/2022 39.24% JP Morgan → $44 Initiates Coverage On → Overweight
08/30/2022 26.58% B of A Securities $33 → $40 Upgrades Neutral → Buy
05/26/2022 36.08% Citigroup $42 → $43 Maintains Buy
11/04/2019 B of A Securities Upgrades Underperform → Buy
04/30/2019 -20.89% B of A Securities $32 → $25 Downgrades Buy → Underperform
10/26/2018 4.43% Goldman Sachs $40 → $33 Upgrades Neutral → Buy
09/11/2018 26.58% B of A Securities $39.5 → $40 Maintains Buy
08/15/2018 Jefferies Upgrades Hold → Buy

What is the target price for MakeMyTrip (MMYT)?

The latest price target for MakeMyTrip (NASDAQ: MMYT) was reported by Citigroup on August 2, 2023. The analyst firm set a price target for $45.00 expecting MMYT to rise to within 12 months (a possible 42.41% upside). 5 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for MakeMyTrip (MMYT)?

The latest analyst rating for MakeMyTrip (NASDAQ: MMYT) was provided by Citigroup, and MakeMyTrip maintained their buy rating.

When is the next analyst rating going to be posted or updated for MakeMyTrip (MMYT)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MakeMyTrip, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MakeMyTrip was filed on August 2, 2023 so you should expect the next rating to be made available sometime around August 2, 2024.

Is the Analyst Rating MakeMyTrip (MMYT) correct?

While ratings are subjective and will change, the latest MakeMyTrip (MMYT) rating was a maintained with a price target of $43.00 to $45.00. The current price MakeMyTrip (MMYT) is trading at is $31.60, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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