Trent Share Price: The shares of Tata Group’s retail company Trent showed heavy selling pressure today. The global brokerage firm Goldman Sachs cut its rating and the target price was reduced by 21%, then the stocks were exposed. More than 2% broke due to the selling of investors. Despite shopping at a lower level, the stocks could not manage. It is currently down 2.38% to ₹ 5236.00 on BSE. It fell 2.43% to ₹ 5233.05 in intra-day. Of the 25 analysts covering it, 17 have given a purchase rating, while 5 have given hold ratings and 3 have given a sale rating.
What is target price?
Goldman Sachs has reduced Trent’s rating to neutral from purchasing. Apart from this, the brokerage firm has also reduced the target price. The target price of Trent is now ₹ 5,500 which was earlier at ₹ 6,970. However, for now, Goldman estimates that its shares will continue to be up and down in a range, ie rangebounds.
Why did Goldman reduce the rating of the Trent?
Brokerage firm Goldman has cut 5% -9% in its sales estimate and 8% -13 in EPS estimates in FY 2025 due to a high impact of cannibalization. The decline in sales of any products on bringing equal types of products is cannibalization. The first Goldman estimated that by FY 2035, Tract Judio will have a 5% stake in the overall ephemeal market. Judio had a 1.5% stake in this market in the last financial year 2025. Now, if we talk, the speed of Judio remains faster than the eparel market, but the dominance in the market is expected to remain less than expected. Judio sales increased at 60% in FY 2025.
Trent also indicated in AGM that the company’s growth is expected to be around 20% in the first quarter of FY 2026. This figure is much lower than the company’s compound speed (CAGR) of 35% annually of the company. The special thing is that Trent had earlier said in an analyst meat that it is possible for him to maintain 25% of CAGR revenue growth for a long time.
How was the move of shares in a year?
Trent shares were at ₹ 8345.85 on 14 October 2024 last year, which is a one -year record high for its shares. From this high, it slipped 46.18% to ₹ 4491.75 on 7 April 2025 in less than six months, which is a record low of one year for its shares.
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