Should you buy HDFC Bank, SBI, BPCL stocks today? Here is what brokerages recommend
Here's what Morgan Stanley, Jefferies, Macquarie, JPMorgan, Citi, CLSA, and Nomura make of stocks such as HDFC Bank, State Bank of India (SBI) and Bharat Petroleum Corporation Ltd (BPCL).
As Dalal Street enters the February 16 session, brokerages have a bunch of stocks on their radar. Here's what Morgan Stanley, Jefferies, Macquarie, JPMorgan, Citi, CLSA, and Nomura make of stocks such as HDFC Bank, State Bank of India (SBI) and Bharat Petroleum Corporation Ltd (BPCL):
Gujarat Gas share price target:
Morgan Stanley has maintained an 'overweight' rating on the Gujarat Gas Ltd stock with a target of Rs 579.
Both CLSA and Citi have retained their 'sell' ratings on Gujarat Gas shares with targets of Rs 360 and Rs 450, respectively.
JPMorgan has kept its 'underweight' call on Gujarat Gas with a target of Rs 360 per share.
Jefferies has maintained an 'underperform' rating on the stock with a target of Rs 470.
Nomura has a 'neutral' rating on Gujarat Gas with a target of Rs 505 per share.
BPCL share price target:
Jefferies has a 'buy' call on the BPCL stock with a target of Rs 890.
Morgan Stanley has maintained an 'overweight' rating on BPCL shares with a target of Rs 644.
IOCL, HPCL:
Jefferies has maintained a 'hold' call on the Indian Oil Corporation Ltd (IOCL) stock with a target of Rs 215.
The brokerage has kept an 'underperform' rating on the Hindustan Petroleum Corp Ltd (HPCL) stock with a target of Rs 550.
NMDC share price target:
Citi has a 'buy' call on the NMDC stock with a target of Rs 215.
ABFRL share price target:
CLSA has maintained a 'buy' call on Aditya Birla Fashion and Retail (ABFRL) with a target of Rs 266 per share.
HDFC Bank share price target:
Morgan Stanley has maintained an 'overweight' rating on HDFC Bank with a target of Rs 2,110 per share, while Bernstein has maintained an 'outperform' rating on the stock with a target of Rs 2,100.
SBI, BOI, Canara Bank:
BoFA has a 'neutral' rating on the State Bank of India (SBI) stock with a target of Rs 800.
The brokerage has a 'buy' call on Bank of India (BOI) and Canara Bank each with targets of Rs 170 and Rs 660 per share, respectively.
Eureka Forbes share price target:
Nomura has maintained a 'neutral' rating on the Eureka Forbes stock with a target of Rs 568.
United Spirits share price target:
Macquarie has retained an 'underperform' rating on the United Spirits stock with a target of Rs 910.
Amber Enterprises share price target:
UBS has a 'neutral' rating on Amber Enterprises with a target of Rs 4,200 per share.
SBI Card share price target:
Morgan Stanley has an 'equal-weight' rating on the SBI Card stock with a target of Rs 750.
Voltas share price target:
Nomura has maintained a 'buy' call on the Voltas stock with a target of Rs 1,311.
Catch the latest stock market updates here. For all other news related to business, politics, tech and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
10:45 AM IST