Nykaa share price target: What should investors do with FSN E-Commerce Ventures stock?
Nykaa share price target: Should you buy, sell or hold Nykaa shares? Lifestyle e-commerce platform Nykaa shares on Tuesday, June 18 gained 3.2 per cent to the day's high of Rs 176.6 on NSE in morning deals, a day after the FSN E-Commerce Ventures analyst meet.
Nykaa share price target: Should you buy, sell or hold Nykaa shares? Lifestyle e-commerce platform Nykaa shares on Tuesday, June 18 gained 3.2 per cent to the day's high of Rs 176.6 on NSE in morning deals, a day after the FSN E-Commerce Ventures analyst meet. Here are the revised targets by the brokerages:
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Should you buy, sell or hold Nykaa shares?
Nomura has maintained a neutral call on Nykaa with a target of Rs 203 per share.
Nykaa shares: Buy, sell or hold?
Morgan Stanley has maintained an overweight rating with a target of Rs 198 per unit.
Nykaa share price target
Jefferies has continued with a buy call with a target of Rs 220 apiece.
Should you buy, sell or hold Nykaa shares?
Citi has retained a sell call with a target of Rs 170 per share.
Nykaa share price target
Macquarie has retained an underperform rating with a target of Rs 135 per share.
Macquarie on Nykaa
The brokerage in its note said that it liked Nykaas’s focus on driving mid to high twenties gross merchandise value growth. Macquarie expects capital intensity to remain moderate.
Nykaa shares
Goldman Sachs has maintained a neutral rating with a target of Rs 140 per share.
Goldman Sachs on Nykaa
"Encouraged by incremental disclosures and new forward guidance," the brokerage said in its note. According to the brokerage, guidance for both fashion & eB2B verticals on growth is better than expectations.
(Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)