What brokerages make of Crompton Greaves, ABB India, Indian Oil, BPCL, other stocks today
Brokerages stock recommendation: Here's what Jefferies, UBS, JPMorgan, Citi, CLSA, HSBC, Nomura and Bernstein make of stocks such as Crompton Greaves, ABB India, oil marketing companies (OMCs), Banking and pharmaceuticals.
Brokerages stock recommendation: As Dalal Street enters the March 27 session, brokerages have a dozen stocks on their radar. Here's what Jefferies, UBS, JPMorgan, Citi, CLSA, HSBC, Nomura and Bernstein make of stocks such as Crompton Greaves, ABB India, oil marketing companies (OMCs), Banking and pharmaceuticals:
Two brokerages, UBS and Jefferies have maintained a 'buy' call on the ABB India stock with a target of Rs 7,550 and Rs 6,250, respectively.
Crompton Greaves share price target
CLSA has an 'outperform' rating on the Crompton Greaves Consumer Electricls stock with a target of Rs 310. While Morgan Stanley has maintained an 'equal-weight' rating on the stock with a target of Rs 275.
JPMorgan has maintained a 'neutral' rating on Crompton Greaves shares with a target of Rs 270.
Brokerage on OMCs: HPCL, BPCL and IOCL
The global brokerage, Citi has bullish on oil marketing companies (OMCs) including Hindustan Petroleum Corp Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL) and Indian Oil Corporation Ltd (IOCL). The brokerage has maintained a 'buy' call on the OMC stock with a target of Rs 635, Rs 750 and Rs 195, respectively.
Citi on OMCs |
|
Stock | Target |
HPCL | 635 |
BPCL | 750 |
IOCL | 195 |
MGL share price target
Citi has a 'neutral' rating on the Mahanagar Gas Ltd (MGL) stock with a target of Rs 1,405.
Brokerages on Bank stocks: ICICI Bank, HDFC Bank, Axis, SBI and IndusInd
Two brokerages, HSBC and Nomura have maintained its ratings on the Banking stock including ICICI Bank, HDFC Bank, State Bank of India, IndusInd Bank and Axis Bank. Here are the targets:
Nomura on Banks |
HSBC on Banks |
|
Stock | Target | Target |
ICICI Bank | 1,225 | 1270 |
HDFC Bank | 1625 | 1750 |
Axis Bank | 1250 | 1404 |
IndusInd Bank | 1760 | 2040 |
SBI | 825 |
Brokerage on Pharma Stocks:
The foriegn brokerage, Bernstein has maintained its 'outperform' and 'underperform' ratings on the major pharmaceuticals companies: Cipla, Lupin, Abbott India, Divi's Laboratories, Biocon, Dr Reddy laboratories, Aurobindo Pharma, Gland Pharma and Alkem Laboratories.
Bernstien on Pharma |
|
Stock | Target |
Cipla | 1461 |
Lupin | 1581 |
Abbott India | 20013 |
Divi's Labs | 3064 |
Dr Reddy's Labs | 5655 |
Biocon | 319 |
Aurobindo Pharma | 1012 |
Gland Pharma | 2089 |
Alkem Labs | 5770 |
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