The Tata Group’s fashion and retail company Trent’s share price has fallen over 32% so far in 2025. Despite that many brokerages are bullish on the stock. Goldman Sachs, Macquarie, and Motilal Oswal have bullish calls on the stock.
Goldman Sachs on Trent
The brokerage house has a Buy rating on the stock, with a target price of Rs 8,120 per equity share. This is an upside of 45% from the current levels. The brokerage firm is betting upon the acceleration in Zudio’s store addition in FY25. Goldman Sachs believes that it is a big positive for the stock and views Trent as a long-term potential for investors. Zudio significantly increased its market share in the value segment. Also, the brokerage firm expects that Trent has the highest earnings growth potential in the Indian consumer coverage.
Macquarie on Trent
The global brokerage house Macquarie recently initiated coverage on Trent with an ‘Outperform’ rating, calling it a “Showstopper.” The brokerage firm expects the stock to jump 29% in the next 12 months and has a target price of Rs 7,000. Trent leads the Asia fashion retailer space through an agile supply chain, design capabilities, and mix of owned as well as franchisee store additions, read a report by Macquarie. These factors are propelling the company to achieve industry-leading metrics, combined with the expansive opportunities available in the country. Macquarie also feels that the company will outperform its Asian peers.
Axis Securities and Motilal Oswal on Trent
Axis Securities said that the company’s share price in recent times was driven by its news of exceeding 1,000 large-format fashion stores, specifically 248 Westside and 757 Zudio retail locations. While another brokerage firm, Motilal Oswal has maintained a ‘Buy’ rating on Trent, with a target price of Rs 6,800. This offers an upside potential of 22% from its current market price (CMP) of Rs 5,563. “Trent’s growth moderated to 28% YoY in Q4FY25, lower than the previous quarter’s 36%, but its expansion plans remain aggressive,” said Motilal Oswal in a research note.