Should you buy Bajaj Auto, ICICI Prudential, Indus Towers, Varun Beverages, M&M Financial, other stocks today? Here's what analysts recommend
Here's what analysts from the major brokerages make of stocks such as Bajaj Auto, ICICI Prudential, Indus Towers, Varun Beverages, and Mahindra & Mahindra Financial Services:
As Dalal Street enters the October 23 session, brokerages have several stocks on their radar. Here's what global brokerages, Jefferies, HSBC, CLSA, Macquarie, Citi, Goldman Sachs, JPMorgan, and Morgan Stanley, make of stocks such as Bajaj Auto, ICICI Prudential, Indus Towers, Varun Beverages, and Mahindra & Mahindra Financial Services:
ICICI Prudential Life Insurance Stock
Jefferies and HSBC have maintained a 'buy' call on ICICI Prudential Life Insurance shares with targets of Rs 860 and Rs 850, respectively.
CLSA has maintained a 'hold' call on ICICI Prudential shares with a target of Rs 740, while three brokerages, Macquarie, Citi, and Goldman Sachs have maintained a 'neutral' rating on the stock with targets of Rs 605, Rs 760, and Rs 675.
JPMorgan has maintained an 'overweight' rating on the ICICI Prudential stock with a target of Rs 850. Morgan Stanley has maintained an 'equal-weight' rating on the stock with a target of Rs 710.
M&M Finance Stock
Jefferies has maintained a 'hold' call on Mahindra & Mahindra Financial Services shares with a target of Rs 315. Citi, on the other side, has maintained a 'neutral' rating on M&M Financial with a target of Rs 300.
JPMorgan has maintained an 'underweight' rating on M&M Financial shares with a target of Rs 235, while Macquarie has maintained an 'underperform' rating on the stock with a target of Rs 250. Moreover, Morgan Stanley has maintained an 'equal-weight' rating on the stock with a target of Rs 285.
Bajaj Auto Stock
Goldman Sachs has a 'buy' stance on Bajaj Auto shares with a target of Rs 12,500.
Max Financial Stock
CLSA has maintained an 'outperform' rating on Max Financial Services shares with a target of Rs 1,405.
Can Fin Homes Stock
Morgan Stanley has maintained an 'overweight' rating on Can Fin Homes shares with a target of Rs 1,095. Meanwhile, Jefferies has maintained a 'buy' call on the stock with a target of Rs 1,020.
Indus Towers Stock
Citi has maintained a 'buy' call on Indus Towers shares with a target of Rs 500.
Macquarie has maintained an 'underperform' rating on the Indus Towers stock with a target of Rs 310.
SRF Stock
Jefferies has maintained an 'underperform' rating on SRF shares with a target of Rs 2,070, while Morgan Stanley has maintained an 'equal-weight' rating on SRF shares with a target of Rs 2,097.
Supreme Industries Stock
CLSA has a 'hold' rating on Supreme Industries shares with a target of Rs 4,280.
Jefferies has maintained a 'buy' call on Supreme Industries shares with a target of Rs 6,450.
Varun Beverages Stock
Three brokerages, Jefferies, Citi, and HSBC have maintained a 'buy' stance on Varun Beverages shares with targets of Rs 750, Rs 800, and Rs 770, respectively.
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