From ITC to Jockey maker Page Industries - Check targets by brokerages on these hot stocks
Share Price Targets: Benchmark equity indices Sensex and Nifty hit fresh all-time peaks in early trade on Friday i.e. May 24. While the 30-share BSE Sensex climbed 164.24 points to hit its all-time high of 75,582.28 in early trade. The NSE Nifty went up by 36.4 points to breach the 23,000 mark for the first time ever.
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Share Price Target By Brokerages
Amid this, several companies have declared their quarterly results depending on which brokerage firms have reevaluated their 'ratings' and given 'Buy', 'Sell' or 'Hold' calls. From ITC to Page Industry, here's the target prices set by these brokerages. Check full details.
ITC Share Price Target
ITC Share Price Target: Brokerage firm Citi has maintained a 'Buy' rating on ITC and has raised the target to Rs 515 from Rs 500. While Jefferies has maintained a 'Hold' rating but has raised the target to Rs 435 from Rs 430, Morgan Stanely has maintained an 'Overweight' and has reduced the target to Rs 506 from 510.
Interglobe Aviation Share Price Target
Interglobe Aviation Share Price Target: Global brokerage firm JP Morgan has maintained 'Overweight' on Interglobe Aviation but has raised the target to Rs 4,900 from Rs 4,350. Similarly, Jefferies has maintained 'Hold' and has raised its target to Rs 4,150 from Rs 3,435.
Jockey Maker Page Industries Share Price Target
Jockey Maker Page Industries Share Price Target: Citi has maintained 'Sell' on Page Industries but raised the target to Rs 32,100 from Rs 31,300. Morgan Stanley has maintained 'Overweight' and reduced the target to Rs 41,222 from Rs 42,962.
Vodafone Idea Share Price Target
Vodafone Idea Share Price Target: Vodafone has received a double upgrade from the global brokerage firm UBS which has given a 'Buy' call and raised the target to Rs 18 from Rs 13.1.
Bharti Airtel Share Price Target
Bharti Airtel Share Price Target: UBS has maintained a 'Neutral' rating but raised the target to Rs 1,430 from Rs 1,310.
Indus Tower Share Price Target
Indus Tower Share Price Target: UBS has maintained a 'Neutral' rating but raised the target to Rs 355 from Rs 220.
PI Industries Share Price Target
PI Industries Share Price Target: Jefferies has maintained a 'Buy' call on PI Industries and raised the target to Rs 4,630 from Rs 4,165. While HSBC too has maintained a 'Buy' call on the stock, it has reduced the target to Rs 4,200 from Rs 4,500.
Gujarat Pipavav Port Share Price Target
Gujarat Pipavav Port Share Price Target: Goldman Sachs has double downgraded the rating to 'Neutral' from 'Buy' but raised the target to Rs 220 from Rs 107.