Avenue Supermarts poised for 20-25% EPS growth
after close1 source ↓written by the desknot a recommendation
- over the next
- 20-25% earnings per share growth
- while benefiting
- 80 stores annually
- target price
- ₹5,000
Avenue Supermarts is expected to achieve 20-25% earnings per share growth over the next three years, driven by strong store additions and margin expansion. The brokerage Bernstein anticipates the retailer will add over 80 stores annually while benefiting from improved same-store sales. Bernstein maintains an outperform rating with a target price of ₹5,000.
Not investment advice. For informational purposes only.