Should you buy Britannia, Nykaa, Ashok Leyland, other stocks today? Here is what brokerages recommend
As Dalal Street enters the February 7 session, foreign brokerages have dozen stocks on their radar.
As Dalal Street enters the February 7 session, brokerages have dozen stocks on their radar. Here's what Morgan Stanley, Macquarie, Jefferies, Citi, CLSA, JP Morgan, HSBC and Nomura make of stocks such as Britannia Industries, Nykaa and Ashok Leyland:
Britannia share target price:
Morgan Stanley has maintained an ‘overweight’ rating on the Britannia Industries stock with a target of Rs 5,013.
Macquarie has maintained a ‘neutral’ rating on Britannia shares with a target of Rs 4,650.
Max Finance share target price:
Jefferies has maintained a ‘buy’ call on the Max Financial Services stock with a target of Rs 1,200.
Navin Fluorine share target price:
Citi has maintained a ‘buy’ call on the Navin Fluorine International stock with a target of Rs 3,750. While Jefferies has maintained a ‘hold’ call on the stock with a target of Rs 2,950.
Godrej Properties share target price:
CLSA has maintained a ‘sell’ call on the Godrej Properties stock with a target of Rs 2,110. Jefferies, on other hand, has maintained a ‘buy’ call on the stock with a target of Rs 2,700.
JP Morgan has maintained a ‘neutral’ rating on Godrej Properties shares with a target of Rs 2,550.
Morgan Stanley has maintained an ‘equal-weight’ rating on Godrej Properties with a target of Rs 2,050.
Petronet LNG share target price:
Morgan Stanley has maintained an ‘equal-weight’ rating on the Petronet LNG stock with a target of Rs 219.
Citi has maintained a ‘sell’ call on Petronet LNG shares with a target of Rs 220.
Nykaa share target price:
Morgan Stanley has maintained an ‘overweight’ rating on the Nykaa stock with a target of Rs 192, while JP Morgan has maintained an ‘underweight’ rating on the stock with a target of Rs 138. Macquarie has maintained an ‘underperform’ rating on the stock with a target of Rs 135.
Both, Jefferies and HSBC have maintained a ‘buy’ call on Nykaa shares with a target of Rs 210 and Rs 240, respectively.
Nomura has a ‘neutral’ rating on Nykaa with a target of Rs 176.
CAMS share target price:
Citi has maintained a ‘sell’ rating on the Computer Age Management Services Ltd (CAMS) stock with a target of Rs 2,175.
Ashok Leyland share target price:
Jefferies has a ‘hold’ call on the Ashok Leyland stock with a target of Rs 190, while CLSA and Nomura, on other hand, have maintained a ‘buy’ call on the stock with a target of Rs 238 and Rs 223, respectively.
Finolex share target price:
HSBC has a ‘hold’ call on the Finolex Industries stock with a target of Rs 225.
Delhivery share target price:
Macquarie has maintained an ‘outperform’ rating on the Delhivery stock with a target of Rs 560
Indian Hotels share target price:
HSBC has maintained a ‘buy’ call on the Indian Hotels stock with a target of Rs 575.
TTK Prestige share target price:
CLSA has maintained a ‘reduce’ rating on the TTK Prestige stock with a target of Rs 790.
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