Should you buy, sell or hold Britannia, Marico, Coal India, Paytm, other stocks in focus today?

Should you buy, sell or hold, Britannia Industries share price target, Paytm share price target: Domestic equities are expected to see a positive start to the trade on May 8, 2023, as indicated by SGX Nifty and firm global cues. Here's what brokerages make of Britannia, Marico, Coal India, Paytm, Federal Bank and some of the other stocks in focus on Dalal Street.

Britannia Industries share price target

Also read: Britannia shares gain over 1% post Q4 nos

Marico share price target

Paytm share price target

Coal India share price target 

• CLSA maintains a buy on Coal India with a target price of Rs 280.
• JP Morgan maintains an overweight with a target price of Rs 290. 
• Citi has maintained a neutral stance and has raised the target price to Rs 240 from Rs 225. 
• Jefferies maintains a hold call on the counter with a target price of Rs 225.  

AB Fashion share price target

Morgan Stanley maintains an underweight call on Aditya Birla Fashion and Retail with a target price of Rs 195.  Given the structure of the deal and pending cash inflow, the balance sheet impact could be lower than feared, the brokerage said in its report.  With most of its businesses still in the WIP and growth phases, we worry about execution challenges, the brokerage added. 

Piramal Enterprisess share price target 

• Jefferies has tagged a buy call on Piramal Enterprises but has cut the target price to Rs 985 from Rs 1,035. 
• CLSA has upgraded to outperform from underperform but has cut the target price to Rs 850 from Rs 900.

Federal Bank share price target 

• Morgan Stanley has downgraded its rating to equal-weight from overweight and has cut the target price to Rs 145 from Rs 175. 
• Citi maintains a buy on Federal Bank but has cut the target price to Rs 160 from Rs 165. 

Bharat Forge share price target 

• JP Morgan maintains a neutral call buy has cut the target price to Rs 860 from Rs 875. 
• Citi maintains a sell call and has cut the target price to Rs 750 from Rs 760. 
• Jefferies maintains an underperform and has raised its target to Rs 630 from Rs 570. 
• Nomuraon has double upgraded to buy from neutral but has cut the target to Rs 929 from Rs 992. 

United Breweries share price target 

JP Morgan maintains a neutral call on United Breweries and has cut the target price to Rs 1,460 from Rs 1,550.

Blue Dart Express share price target 

Goldman Sachs has a buy stance on Blue Dart Express and has cut the target price to Rs 7,000 from Rs 8,080. 

Bank of India share price target 

Morgan Stanley maintains an overweight with a target price of Rs 125. 

Hero MotoCorp share price target 

• CLSA has double upgraded to outperform from underperform and has raised the target to Rs 2,708 from Rs 2,509. 
• JP Morgan maintains an overweight call and has raised the target to Rs 3,120 from Rs 3,050.

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