CG Power targets 2026: consensus ₹728 vs ₹827 close

Market snapshot: where CG Power traded on May 6

CG Power and Industrial Solutions Ltd (CGPOWER) was cited at ₹828.90 as of 06 May 2026 (15:58), with another snapshot showing a last close price of ₹826.90. The stock opened at ₹832.80 versus the previous close of ₹826.90. During the session, it hit an intraday high of ₹839.50 and a low of ₹804.00. The average traded price for the day was ₹826.09. A separate market panel also showed ₹824.90 with a -0.24% move at 02:28:51 pm IST.

Analysts’ consensus: Outperform, but targets sit below the last close

Consensus data in the feed shows a mean consensus of OUTPERFORM for CG Power and Industrial Solutions. The number of analysts captured in that consensus is 17. Despite the positive consensus label, the average target price is ₹728.29, compared with a last close price of ₹826.90. That implies a spread of -11.92% versus the average target, as shown in the data. The highest price target is ₹900.00, which is shown as +8.84% above the last close.

Recommendation mix from Refinitiv: Buy still leads

A separate analyst-rating panel (Refinitiv) shows the stock as a Buy, based on 15 analysts. In that distribution, Buy is 73.33%, Hold is 6.67%, and Sell is 20%. The split suggests optimism remains the majority view, even as a meaningful portion of coverage sits on the cautious side. Investors often read this mix alongside the target-price dispersion to gauge whether the “Buy” skew is supported by valuation headroom.

Recent brokerage actions: upgrades, downgrades, and target resets

The recommendations list includes multiple changes in view over the past months. Axis Capital is shown downgrading the stock to Add from Buy with a price target of ₹890 (dated 27/04). Earlier entries show IIFL upgrading to Buy from Add with a price target of ₹694 (28/01), and Emkay Global upgrading to Buy from Add with a price target of ₹775 (28/01). Jefferies is listed adjusting its price target to ₹600 from ₹725 while keeping a Hold (28/01). Nomura appears multiple times with price-target adjustments, including a move to ₹820 from ₹880 while keeping Buy (28/01).

Price targets: wide range signals differing assumptions

Another dataset in the feed lists a 1-year price target of ₹764.80, and separately states that analysts’ estimates include a maximum of ₹910.00 and a minimum of ₹556.00. These figures highlight a broad band of outcomes embedded in analyst models. The same feed also notes ratings over the past three months from 17 analysts, summarised as an overall Buy. Because the material includes multiple “current price” points from different dates and platforms, the target comparisons should be interpreted in the context of the specific snapshot used.

Technical indicators: mixed signals, trend strength noted

The technical dashboard in the data shows RSI (14) at 65.73 (Neutral). MACD (12,26) is 1.12 (Bullish), while ADX (14) is 26.11, marked as a Strong Trend. Volatility metrics show ATR (14) at 26.03, labelled Volatile. Stochastic indicators are shown as neutral, with STOCH (9,6) at 61.77 and STOCH RSI (14) at 33.75.

Moving averages and trading bands highlighted in the feed

The same market summary shows the 50-day moving average (DMA) at 731.64 and the 200 DMA at 699.56. An exchange-style information panel lists upper band 837.25 and lower band 685.05. It also shows daily volatility at 2.20 and annualised volatility at 42.03. The 52-week high is ₹874.70 (11-Oct-2024) and the 52-week low is ₹517.70 (07-Apr-2025), as displayed in the data.

Earnings date: a near-term catalyst on the calendar

The feed lists an earnings date of May 8, 2026. With the stock trading near its recent range in the May 6 session and targets showing both upside (to the highest target) and implied downside (to the average target), results and commentary can influence how quickly consensus levels shift. Investors also track whether analysts update targets post-results, especially when recent actions include downgrades and target revisions.

Key numbers at a glance

Recent analyst actions mentioned in the feed

Market impact: what the numbers indicate right now

The most direct market signal in the data is the gap between the last close of ₹826.90 and the average target of ₹728.29, which indicates the consensus target sits below the prevailing traded levels in that snapshot. At the same time, the highest target of ₹900 still leaves room for upside versus the last close, showing analysts are not aligned on a single valuation band. The technical panel is also not uniformly directional: momentum gauges are largely neutral, while trend strength and MACD are marked constructive. Together, these inputs explain why the stock can carry a broadly positive consensus label while still showing target-price caution.

Analysis: why the consensus-target mismatch matters

When a stock trades above the average target, it usually pushes analysts to either raise targets, change ratings, or explain why the market is pricing in stronger fundamentals than their models. The feed shows a mix of upgrades, downgrades, and repeated target resets across firms, which fits a market where assumptions are being refreshed. With earnings scheduled for May 8, 2026, near-term updates can quickly alter consensus math, including the average target and recommendation split.

Conclusion

CG Power’s May 6 trading range and the analyst data point to an unusual combination: a positive consensus label alongside an average target below the last close. Investors will look to the May 8, 2026 earnings event and subsequent brokerage updates for confirmation on whether targets converge upward or ratings turn more cautious.