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

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

By ETMarkets.com | Updated: Sep 29, 2016, 01.52 PM IST

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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