Mahanagar Gas Ltd (MGL) Stock Forecast & Price Target

Compare

1 Followers

See the Price Targets and Ratings of:

All Analysts

Top Analysts

Premium

MGL Analyst Ratings

Moderate Buy

2 Buy

0 Hold

1 Sell

Based on 3 analysts giving stock ratings to

Mahanagar

Gas Ltd

in the past 3 months

TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months

MGL Stock 12 Month Forecast

Average Price Target

₹1,559.67

▲(13.21%Upside)

Based on 3 Wall Street analysts offering 12 month price targets for Mahanagar Gas Ltd in the last 3 months. The average price target is ₹1,559.67 with a high forecast of ₹1,789.00 and a low forecast of ₹1,220.00. The average price target represents a 13.21% change from the last price of ₹1,377.65.

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"1219":"₹1,219","1898":"₹1,898","1388.75":"₹1,388.8","1558.5":"₹1,558.5","1728.25":"₹1,728.3"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":1789,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">₹1.79K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":1559.67,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">₹1.56K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":1220,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">₹1.22K</span>\n  </div></div>","useHTML":true}}],"tickPositions":[1219,1388.75,1558.5,1728.25,1898],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Oct<br/>2024","6":"Jan<br/>2025","9":"Mar<br/>2025","12":"Jun<br/>2025","25":"Jun<br/>2026"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,1318.95,1355.1076923076923,1391.2653846153846,1427.423076923077,1463.5807692307692,1499.7384615384615,1535.8961538461538,1572.0538461538463,1608.2115384615386,1644.3692307692309,1680.5269230769231,1716.6846153846154,1752.8423076923077,{"y":1789,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,1318.95,1337.4669230769232,1355.9838461538461,1374.5007692307693,1393.0176923076924,1411.5346153846153,1430.0515384615385,1448.5684615384616,1467.0853846153846,1485.6023076923077,1504.1192307692309,1522.6361538461538,1541.153076923077,{"y":1559.67,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,1318.95,1311.3384615384616,1303.7269230769232,1296.1153846153848,1288.503846153846,1280.8923076923077,1273.2807692307692,1265.6692307692308,1258.0576923076924,1250.446153846154,1242.8346153846155,1235.2230769230769,1227.6115384615384,{"y":1220,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":1713.61,"date":1719792000000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1790.15,"date":1722470400000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1789.64,"date":1725148800000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1897.7,"date":1727740800000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1428.61,"date":1730419200000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1225.54,"date":1733011200000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1271.14,"date":1735689600000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1271.14,"date":1735689600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":1367.3,"date":1738368000000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":1238.1,"date":1740787200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1383.65,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1344.9,"date":1746057600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1318.95,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Highest Price Target₹1,789

Average Price Target₹1,560

Lowest Price Target₹1,220

The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts

Bhaskar ChakrabortyJefferies

Jefferies

₹1,100→₹1,220

Sell

-11.44%

Downside

Reiterated

04/16/25

Mahanagar Gas Limited (MAHGL:IN) PT Raised to INR1,220 at JefferiesJefferies analyst Bhaskar Chakraborty raised the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,220.00 (from INR1,100.00) while maintaining a Underperform rating.

Mayank MaheshwariMorgan Stanley

Morgan Stanley

₹1,606→₹1,789

Buy

29.86%

Upside

Reiterated

03/21/25

Mahanagar Gas Limited (MAHGL:IN) PT Raised to INR1,789 at Morgan StanleyMorgan Stanley analyst Mayank Maheshwari raised the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,789.00 (from INR1,606.00) while maintaining a Overweight rating.

Bharat SubramanianBank of America Securities

Bank of America Securities

₹1,860→₹1,670

Buy

21.22%

Upside

Reiterated

02/17/25

Mahanagar Gas Limited (MAHGL:IN) PT Lowered to INR1,670 at BofA SecuritiesBofA Securities analyst Bharat Subramanian lowered the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,670.00 (from INR1,860.00) while maintaining a Buy rating.

Sanjay MookimJ.P. Morgan

J.P. Morgan

₹1,300→₹1,360

Hold

-1.28%

Downside

Reiterated

02/03/25

Mahanagar Gas Limited (MAHGL:IN) PT Raised to INR1,360 at JPMorganJPMorgan analyst Sanjay Mookim raised the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,360.00 (from INR1,300.00) while maintaining a Neutral rating.

Hemang KhannaNomura

Nomura

₹1,130→₹1,350

Hold

-2.01%

Downside

Upgraded

01/31/25

Nomura/Instinet Upgrades Mahanagar Gas Limited (MAHGL:IN) to NeutralNomura/Instinet analyst Hemang Khanna upgraded Mahanagar Gas Limited (MAHGL:IN) from Reduce to Neutral with a price target of INR1,350.00 (from INR1,130.00).

Saurabh HandaCiti

Citi

₹1,650

Buy

19.77%

Upside

Reiterated

01/05/25

Citi Reiterates Buy Rating on Mahanagar Gas Limited (MAHGL:IN)Citi analyst Saurabh Handa reiterated a Buy rating and INR1,650.00 price target on Mahanagar Gas Limited (MAHGL:IN).

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Bhaskar ChakrabortyJefferies

Jefferies

₹1,100→₹1,220

Sell

-11.44%

Downside

Reiterated

04/16/25

Mayank MaheshwariMorgan Stanley

Morgan Stanley

₹1,606→₹1,789

Buy

29.86%

Upside

Reiterated

03/21/25

Bharat SubramanianBank of America Securities

Bank of America Securities

₹1,860→₹1,670

Buy

21.22%

Upside

Reiterated

02/17/25

Sanjay MookimJ.P. Morgan

J.P. Morgan

₹1,300→₹1,360

Hold

-1.28%

Downside

Reiterated

02/03/25

Hemang KhannaNomura

Nomura

₹1,130→₹1,350

Hold

-2.01%

Downside

Upgraded

01/31/25

Saurabh HandaCiti

Citi

₹1,650

Buy

19.77%

Upside

Reiterated

01/05/25

Citi Reiterates Buy Rating on Mahanagar Gas Limited (MAHGL:IN)Citi analyst Saurabh Handa reiterated a Buy rating and INR1,650.00 price target on Mahanagar Gas Limited (MAHGL:IN).

Stocks with the Highest Top Analyst Consensus in the Utilities Sector

xxx

Find stocks in the Utilities sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Mahanagar Gas Ltd

1 Month

xxx

Success Rate

2/3 ratings generated profit

Average Return

-0.40%

reiterated a xxx

rating 2 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of -0.40% per trade.

3 Months

xxx

Success Rate

2/3 ratings generated profit

Average Return

+1.63%

reiterated a xxx

rating 6 days ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +1.63% per trade.

1 Year

Bharat SubramanianBank of America Securities

Success Rate

2/2 ratings generated profit

Average Return

+12.45%

reiterated a buy rating 2 months ago

Copying Bharat Subramanian's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +12.45% per trade.

2 Years

xxx

Success Rate

2/3 ratings generated profit

Average Return

+3.70%

reiterated a xxx

rating 6 days ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 66.67% of your transactions generating a profit, with an average return of +3.70% per trade.

The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MGL Analyst Recommendation Trends

Rating

Feb 25

Mar 25

Apr 25

May 25

Jun 25

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, MGL has received 6 Buy Ratings, 0 Hold Ratings, and 2 Sell Ratings. MGL average Analyst price target in the past 3 months is 1,559.67.

Each month's total comprises the sum of three months' worth of ratings.

MGL Financial Forecast

MGL Earnings Forecast

Next quarter’s earnings estimate for MGL is ₹26.41 with a range of ₹22.20 to ₹27.60. The previous quarter’s EPS was ₹25.47. MGL beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 53.45% of the time in the same period. In the last calendar year MGL has Outperformed its overall industry.

MGL Sales Forecast

Next quarter’s sales forecast for MGL is ₹18.98B with a range of ₹18.40B to ₹19.52B. The previous quarter’s sales results were ₹19.64B. MGL beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 48.26% of the time in the same period. In the last calendar year MGL has Outperformed its overall industry.

MGL Stock Forecast FAQ

What is IN:MGL’s average 12-month price target, according to analysts?

Based on analyst ratings, Mahanagar Gas Ltd’s 12-month average price target is 1,559.67.

What is IN:MGL’s upside potential, based on the analysts’ average price target?

Mahanagar Gas Ltd has 13.21% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Is Mahanagar Gas Ltd a Buy, Sell or Hold?

Mahanagar Gas Ltd has a consensus rating of Moderate Buy, which is based on 2 buy ratings, 0 hold ratings and 1 sell ratings.

What is Mahanagar Gas Ltd’s share price target?

The average share price target for Mahanagar Gas Ltd is 1,559.67. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is ₹1,789.00 ,and the lowest forecast is ₹1,220.00. The average share price target represents 13.21% Increase from the current price of ₹1,377.65.

What do analysts say about Mahanagar Gas Ltd?

Mahanagar Gas Ltd’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.

How can I buy shares of Mahanagar Gas Ltd?

To buy shares of IN:MGL, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing

Mahanagar Gas Ltd (MGL) Stock Forecast & Price Target

MGL Analyst Ratings

MGL Stock 12 Month Forecast

Average Price Target

Detailed List of Analyst Forecasts​

Best Analysts Covering Mahanagar Gas Ltd

MGL Analyst Recommendation Trends

MGL Financial Forecast

MGL Earnings Forecast

MGL Sales Forecast

MGL Stock Forecast FAQ

Become an Expert with TipRanks Premium

Detailed List of Analyst Forecasts