Should you buy Bajaj Finance, Coforge, Hindalco, ONGC, Federal Bank, other stocks today? Here is what brokerages recommend
Brokerages Stock Recommendation: Here's what Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley and CLSA make of stocks such as Bajaj Finance, Coforge, Hindalco, ONGC, and Federal Bank.
Brokerages Stock Recommendation: As Dalal Street enters the May 3 session, brokerages have several stocks on their radar. Here's what Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley and CLSA make of stocks such as Bajaj Finance, Coforge, Hindalco, ONGC, and Federal Bank:
Coal India Stock
Jefferies has maintained a 'buy' call on the Coal India stock with a target of Rs 520.
Two brokerages, CLSA and Macquarie have maintained an 'outperform' rating on Coal India shares with a target of Rs 480 and Rs 465, respectively.
Citi has maintained a 'neutral' rating on Coal India with a target of Rs 460.
Coforge Stock
Jefferies has an 'underperform' rating on the Coforge stock with a target of Rs 4,290.
Citi has maintained a 'sell' call on Coforge shares with a target of Rs 4,550.
JPMorgan has maintained an 'overweight' rating on Coforge with a target of Rs 7,000, while Macquarie, on the other side, has maintained an 'outperform' rating on the stock with a target of Rs 6,410.
Bajaj Finance Stock
Both Jefferies and Citi have maintained a 'buy' call on the Bajaj Finance stock with a target of Rs 9,260 and Rs 8,675, respectively.
Morgan Stanley has maintained an 'overweight' rating on Bajaj Finance shares with a target of Rs 9,000.
Hindalco Industries Stock
CLSA has maintained a 'buy' call on the Hindalco stock with a target of Rs 770.
Federal Bank Stock
JPMorgan has maintained an 'overweight' rating on the Federal Bank stock with a target of Rs 200. Morgan Stanley, on the other side, has maintained an 'equal-weight' rating on Federal Bank shares with a target of Rs 180.
Citi has maintained a 'sell' call on Federal Bank with a target of Rs 155.
ONGC Stock
Jefferies has maintained a 'buy' call on the Oil and Natural Gas Corporation (ONGC) stock with a target of Rs 390.
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