Zomato stock price can jump 33% from here, say analysts. Check key reasons
By
Binu Mathew
Zomato share target price: Zomato’s consistent “overdelivery” on earnings growth front, highlighted yet again in the June quarter (Q1) results, has prompted analysts to raise their target prices on the stock. They, now, see up to 49.5 per cent upside in Zomato stock over the next one year.
Zomato, they believe, is on a high growth path with its profitability having significant room for expansion.