Should you buy Tata Motors, TCS, Axis Bank stocks? Here is what brokerages recommend
Here's what Morgan Stanley, CLSA, HSBC, Investec, Nomura, Incred, Jefferies, UBS, Morgan Stanley, Macquarie, JPMorgan and Citi make of stocks such as Tata Motors, TCS, HCL Tech, LTIMindtree, Wipro, Infosys, Tech Mahindra and Axis Bank:
As Dalal Street enters the March 5 session, brokerages have several stocks on their radar. Here's what Morgan Stanley, CLSA, HSBC, Investec, Nomura, Incred, Jefferies, UBS, Morgan Stanley, Macquarie, JPMorgan and Citi make of stocks such as Tata Motors, TCS, HCL Tech, LTIMindtree, Wipro, Infosys, Tech Mahindra and Axis Bank:
Tata Motors share price target:
Morgan Stanley has maintained an 'overweight' rating on the Tata Motors stock with a target of Rs 1,013.
Both HSBC and Investec have each maintained a 'hold' call on Tata Motors shares with targets of Rs 920 and Rs 900, respectively.
Nomura has maintained a 'buy' call on an automobile giant, with a target of Rs 1,057, while UBS has maintained a 'sell' call on the Tata Motors stock with a target of Rs 600.
Incred has maintained a 'reduce' rating on Tata Motors with a target of Rs 639.
IT stocks: TCS, HCL Tech, LTIMindtree, Wipro, Infosys, Tech Mahindra
CLSA has a 'sell' call each on Tata Consultancy Services (TCS) and HCL Technologies, LTIMindtree and Wipro with targets of Rs 3,925, Rs 1,536, Rs 5,281 and Rs 441, respectively.
CLSA has maintained an 'outperform' each on Infosys and Tech Mahindra with targets of Rs 1,741 and Rs 1,518, respectively.
IIFL share price target:
Jefferies has maintained a 'buy' call on the IIFL Finance stock with a target of Rs 765.
Siemens share price target:
UBS has maintained a 'neutral' rating on the Siemens stock with a target of Rs 5,000.
Apollo Hospitals share price target:
Morgan Stanley has maintained an 'overweight' rating on the Apollo Hospitals Enterprise stock with a target of Rs 7,181.
HSBC has retained a 'buy' call on Apollo Hospitals shares with a target of Rs 7,100.
Axis Bank share price target:
Macquarie has kept an 'outperform' rating on the Axis Bank stock with a target of Rs 1,300.
Nomura has retained a 'buy' call on Axis Bank shares with a target of Rs 1,250.
Max Healthcare share price target:
JPMorgan has maintained an 'overweight' rating on the Max Healthcare stock with a target of Rs 880.
M&M Finance share price target:
Morgan Stanley has maintained an 'overweight' rating on the Mahindra & Mahindra Finance stock with a target of Rs 310.
Jefferies has maintained a 'hold' call on Mahindra & Mahindra Finance shares with a target of Rs 300.
Both Citi and Macquarie have maintained a 'neutral' rating on Mahindra & Mahindra Finance with a target of Rs 315 and Rs 275, respectively.
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