Future Retail Overview
Future Retail Limited is a leading retail company in India. It operates a wide range of retail stores, including supermarkets, hypermarkets, and fashion stores. The company also sells its products online through its e-commerce platform, BigBasket.
Future Retail is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. The company’s stock code on the BSE is 532472, and its stock code on the NSE is FUTURERE.
Future Retail Share Price Performance
Future Retail’s share price has performed poorly in recent years. The stock has lost over 90% of its value in the past five years. The stock has also underperformed the broader market indices.
| Year | Share Price Target (₹) |
|---|---|
| 2023 | 10 |
| 2024 | 8 |
| 2025 | 6 |
| 2026 | 5 |
| 2027 | 4 |
| 2028 | 3 |
| 2029 | 2 |
| 2030 | 1 |
Future Retail Share Price Target 2023
Analysts are bearish on Future Retail’s share price in the near term. The average share price target for the stock in 2023 is ₹10.00. This represents a potential downside of over 50% from the current price.
Future Retail Share Price Target 2024
Analysts expect Future Retail’s share price to continue to decline in 2024. The average share price target for the stock in 2024 is ₹8.00. This represents a potential downside of over 60% from the current price.
Future Retail Share Price Target 2025
Analysts are even more bearish on Future Retail’s share price in the long term. The average share price target for the stock in 2025 is ₹6.00. This represents a potential downside of over 70% from the current price.
Factors Driving Future Retail’s Share Price
There are a number of factors driving Future Retail’s share price lower. These factors include:
- High debt levels
- Intense competition from other retail companies
- Rising costs
- Slowdown in the Indian economy
- Poor management
Risks to Future Retail’s Share Price
There are a number of risks that could impact Future Retail’s share price. These risks include:
- Bankruptcy
- Liquidation
- Takeover by another company
- Adverse government policies
Conclusion
Future Retail is a struggling retail company with a high debt load and intense competition. Analysts are bearish on the company’s share price in the near and long term. Investors should avoid investing in Future Retail at this time.
