Should you buy Maruti Suzuki, M&M, Tata Steel, Godrej Properties, Birlasoft, other stock today? Here is what brokerages recommend
Here's what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, and other major global brokerages make of stocks such as Maruti Suzuki, Mahindra & Mahindra (M&M), Tata Steel, Godrej Properties, and Birlasoft.
As Dalal Street enters the new month session in August 2024, brokerages have several stocks on their radar.
Here's what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, and other major global brokerages make of stocks such as Maruti Suzuki, Mahindra & Mahindra (M&M), Tata Steel, Godrej Properties, and Birlasoft:
Three brokerages, Nomura, Citi, and Jefferies have maintained a 'buy' call on the Mahindra & Mahindra (M&M) stock with targets of Rs 3,417, Rs 3,340, and Rs 3,510, respectively.
Macquarie and Bernstein have maintained an 'outperform' rating on M&M shares with targets of Rs 3,281 and Rs 3,200, respectively.
Jefferies and Citi have maintained a 'buy' call on the Maruti Suzuki India stock with targets of Rs 15,200 and Rs 15,500, respectively.
Morgan Stanley has maintained an 'overweight' rating on Maruti Suzuki shares with a target of Rs 15,145 each. Meanwhile, Three brokerages, JPMorgan, Nomura, and Macquarie have maintained a 'neutral' rating on Maruti Suzuki with targets of Rs 13,275, Rs 13,133, and Rs 12,666, respectively. Moreover, CLSA and Bernstein have maintained an 'outperform' rating with targets of Rs 15,000 and Rs 14,400, respectively.
Jefferies has maintained a 'buy' call on the Tata Steel stock with a target of Rs 195.
Macquarie has maintained an 'outperform' rating on Tata Steel shares with a target of Rs 162. Meanwhile, Morgan Stanley has maintained an 'equal-weight 'rating on the stock with a target of Rs 145.
CLSA has maintained an 'outperform' rating on Coal India shares with a target of Rs 580.
Jefferies has maintained a 'buy' call on the Coal India stock with a target of Rs 520. Meanwhile, Citi has maintained a 'neutral' rating on the stock with a target of Rs 520.
Four brokerages, Citi, Nomura, Goldman Sachs, and Macquarie have maintained a 'buy' call on Crompton Greaves Consumer Electric shares with targets of Rs 550, Rs 498, Rs 480, and Rs 511 respectively.
JPMorgan has maintained a 'neutral' rating on Crompton Greaves with a target of Rs 380.
Morgan Stanley has maintained an 'equal-weight' rating on Crompton Greaves shares with a target of Rs 323.
Jefferies has maintained a 'buy' call on Godrej Properties shares with a target of Rs 3,725.
JPMorgan and Morgan Stanley have maintained an 'overweight' rating the Godrej Properties stock with a target of Rs 3,430 and Rs 3,100, respectively. While CLSA has maintained an 'underperform' rating on the stock with a target of Rs 2,470. Moreover, JPMorgan has maintained an 'overweight' rating with a target of Rs 340.
Jefferies and Citi have maintained a 'buy' call on the Bank of Baroda stock with targets of Rs 310 and Rs 300, respectively.
Morgan Stanley has maintained an 'equal-weight' rating on Bharat Heavy Electricals Ltd (BHEL) shares with a target of Rs 220. Macquarie, on the other side has maintained an 'underperform' rating on the stock with a target of Rs 192.
JPMorgan has maintained an 'overweight' rating on Mankind Pharma shares with a target of Rs 2,550.
Macquarie has maintained a 'buy' call on the Mankind Pharma stock with a target of Rs 2,300.
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.