Should you buy Infosys, Nestle India, Power Grid, Trent, Tata Chemicals stocks today? Here is what brokerages recommend
Heres what foreign brokerages have make of stocks such as Infosys, Nestle India, Power Grid, Trent and Tata Chemicals.
As Dalal Street enters the February 8 session, brokerages have several stocks on their radar. Here's what CLSA, Jefferies, Citi, HSBC, Morgan Stanley, Macquarie, Goldman Sachs and Nomura make of stocks such as Infosys, Nestle India, Power Grid, Trent and Tata Chemicals:
Nazara Tech share target price:
CLSA has maintained a 'sell' call on the Nazara Technologies stock with a target of Rs 570, while Jefferies has maintained a 'hold' call on the stock with a target of Rs 810.
JB Chemicals & Pharmaceuticals share target price:
Jefferies has a 'buy' call on the JB Chemicals & Pharmaceuticals stock with a target of Rs 2,000.
Infosys share target price:
Citi has maintained a 'neutral' rating on the Infosys stock with a target of Rs 1,685.
Tata Chemicals share target price:
HSBC has a 'hold' call on the Tata Chemicals stock with a target of Rs 860.
Apollo Tyres share target price:
Morgan Stanley has maintained an 'equal-weight' rating on Apollo Tyres shares with a target of Rs 433.
Trent share target price:
Morgan Stanley has maintained an 'equal-weight' rating on the Trent stock with a target of Rs 3,675.
Jefferies has maintained a 'hold' call on Trent shares with a target of Rs 3,500.
Lupin share target price:
Macquarie has maintained an 'outperform' rating on the Lupin stock with a target of Rs 1,530.
Nestle India share target price:
CLSA has maintained a 'reduce' rating on the Nestle India stock with a target of Rs 2,634.
Goldman Sachs and Macquarie each have kept a 'neutral' rating on Nestle India shares with a target of Rs 2,500.
JPMorgan has maintained an 'overweight' rating on Nestle India with a target of Rs 2,800, while Morgan Stanley has maintained an 'underweight' rating on the stock with a target of Rs 1,981.
Jefferies and HSBC each have maintained a 'hold' call on Nestle with targets of Rs 2,475 and Rs 2,550, respectively.
Citi and Nomura each have a 'buy' call on the stock with targets of Rs 2,900 and Rs 2,810, respectively.
Tata Consumer Products share target price:
Morgan Stanley has maintained an 'overweight' rating on the Tata Consumer Products stock with a target of Rs 1,305.
Power Grid share target price:
CLSA has maintained an 'outperform' rating on the Power Grid Corporation of India stock with a target of Rs 285, while Morgan Stanley has maintained an 'overweight' rating on the stock with a target of Rs 235.
Citi has maintained a 'buy' call on Power Grid shares with a target of Rs 300.
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