A look at some of the stock recommendations by analysts of late. These stocks are expected to return between 12% and 25% as per analysts’ price targets. DLF BROKERAGE: JEFFERIES Price Target: Rs 985 CMP: Rs 830 Upside: 18.7% Risk-Reward favourable with stock trading below net asset value (NAV), strong cash flows Recent stock underperformance … Read more
ET looks at some of the latest stock/security recommendations by analysts. These stocks/ securities are expected to return between 9% and 26% as per analysts’ price targets. TCS BROKERAGE UBS Price Target: Rs 4,700 CMP: Rs 4,103 Upside: 14.6% Upgrade stock to ‘buy’ from ‘neutral’ as company could outperform its large peers in revenue growth … Read more
ET looks at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 38% as per analysts’ price targets. Indus Towers BROKERAGE BOFA SECURITIES Price Target: Rs 280 CMP: Rs 240.5 Upside: 16% Vodafone Idea’s potential fund raise for network expansion to be positive for Indus as it … Read more
Mumbai: Analysts at most top brokerages trimmed or retained share price targets on Navin Fluorine International after the chemical maker posted weaker-than-expected December quarter results. The stock dropped 5.35% to close at ₹3,087 on Wednesday off its 52-week low of ₹3,030. The average analyst price target on Navin Fluorine available by Bloomberg after the third … Read more
Mumbai: Shares of drugmaker Cipla surged nearly 10% on Thursday as analysts raised their price targets on the stock after better-than-expected first quarter results. These analysts have increased their price targets by 2-35%, according to data compiled by Bloomberg. The average price target of the 28 analysts, whose ratings and price targets that have been … Read more
Mumbai: Several domestic and foreign brokerage firms slashed their earnings estimates and price targets on Tata Consultancy Services (TCS) after India’s largest IT services company delivered a weaker-than-expected fourth-quarter earnings and gave a cautious commentary on trends in the immediate future. For instance, JPMorgan maintained its underweight rating and slashed its revenue estimate by 1% … Read more
Mumbai: Shares of (RIL) declined 0.6% to close at ₹2,428 on Monday as analysts mostly maintained their ratings and price targets after the December quarter results. The changes in price targets were marginal. After the third quarter results, 29 analysts had a ‘buy’ rating on the stocks, four had a ‘Hold’ and three had a … Read more
Mumbai: Small-cap consumer stocks could give better returns than their larger peers if demand recovery in the fast-moving consumer goods (FMCGs) space is robust, said . , Barbeque-Nation Hospitality, Mrs Bectors Food, and V-Mart are among the brokerage‘s top picks among smaller consumer companies. IIFL’s price targets for these stocks imply a 22-28% upside from … Read more
Mumbai: Tata Motors shares fell nearly 5% on Thursday after a couple of brokerages downgraded the stock while a majority of analysts trimmed their earnings estimates and price targets after the company posted a higher-than-expected loss in the second quarter. Shares of India’s second-largest car maker closed at Rs 412.2 apiece on the NSE, down … Read more
Overseas investors are stepping up their purchases of Indian stocks and the sentiment on Dalal Steet has seen further improvement. ET has compiled a list of stock recommendations by analysts at brokerages. Based on the price targets by these brokerages, the stocks could return between 14% and 41%. Brokerage: Credit Suisse Target Price: Rs 720 … Read more