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J.P. Morgan Reaffirms Their Buy Rating on Makemytrip (MMYT)

Tipranks - Tipranks - Fri Jul 11, 2025

In a report released today, Ankur Rudra from J.P. Morgan maintained a Buy rating on Makemytrip, with a price target of $110.00. The company’s shares opened today at $93.50.

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Rudra covers the Technology sector, focusing on stocks such as Infosys, HCL Technologies Limited, and Infosys Limited. According to TipRanks, Rudra has an average return of 1.7% and a 55.17% success rate on recommended stocks.

Currently, the analyst consensus on Makemytrip is a Strong Buy with an average price target of $121.40, which is a 29.84% upside from current levels. In a report released on June 24, Macquarie also upgraded the stock to a Buy with a $110.00 price target.

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The company has a one-year high of $123.00 and a one-year low of $76.95. Currently, Makemytrip has an average volume of 1.18M.

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