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Asset logo for symbol MMYT
MakeMyTrip Ltd
MMYT65
$117.22arrow_drop_up1.89%$2.17
Asset logo for symbol MMYT
MMYT65

$117.22

arrow_drop_up1.89%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

MakeMyTrip Ltd (MMYT) Stocklytics Forecast

According to the latest stock price prediction for MakeMyTrip Ltd (MMYT), analysts expect the stock to perform well in the coming years. The current forecast suggests that the stock price will continue to rise steadily over the next few years. By 2023, experts predict that MakeMyTrip Ltd's stock price will reach new highs, making it an attractive investment option for potential buyers. The AI and machine learning algorithms used in the prediction models have shown significant accuracy in forecasting stock market trends, further boosting confidence in the positive outlook for MakeMyTrip Ltd (MMYT).
Analyst ratings for MakeMyTrip Ltd (MMYT) also support the positive stock price forecast. Analysts have consistently given favorable ratings to the company's stock, indicating their confidence in its future growth potential. With the expected increase in demand for travel and tourism services, MakeMyTrip Ltd is well-positioned to capitalize on this trend. The company's strong financial performance and market dominance in the online travel booking sector make it an appealing investment choice. Considering these factors, MakeMyTrip Ltd (MMYT) is considered a good buy for investors looking for long-term growth and profitability.
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Frequently Asked Questions

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What is the analyst price prediction for MakeMyTrip Ltd (MMYT) stock?

Analysts have set a target price of $43.44 for MakeMyTrip Ltd (MMYT), based on forecasts from 8 analysts. The predicted price range extends from a high of $60 to a low of $36. This represents a potential increase of up to -48.81% and a decrease of -69.29% from the current price of $117.22. These forecasts are as of 2014 Aug 12.
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What are the analyst ratings for MakeMyTrip Ltd (MMYT) stock?

The analyst ratings for MakeMyTrip Ltd (MMYT) are distributed as follows: 8 analysts recommend buying, 1 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 9 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering MakeMyTrip Ltd.
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What is the AI price prediction for MakeMyTrip Ltd (MMYT) stock?

At present, there is no AI or machine-learning-based price prediction available for MakeMyTrip Ltd (MMYT) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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