Stocks to Buy for Long Term: Largecap, midcap & smallcap stocks analysts are positive on; note down ratings, views & targets
Do you need fresh long-term ideas for your Dalal Street portfolio? Here are a few stock analysts are positive on as Sensex and Nifty50 once again stand inches within fresh highs.
Largecap, Midcap & Smallcap Stocks to Buy for Long Term: As headline indices once again approach all-time highs, with Sensex and Nifty50 within 0.3 per cent of their recent peaks, investors are once again on the lookout for fresh ideas for their portfolios from a long-term perspective.
Here is a list of a few stocks that analysts at various brokerages have on their playbooks:
Buy Equitas Small Finance Bank stock: MOFSL
Motilal Oswal Financial Services has a 'buy' call on Equitas SFB shares with a target price of Rs 100.
As of September 13, the target implies an upside of 17.3 per cent in the small finance bank stock.
Buy Marico shares: Sharekhan
The brokerage has a 'buy' rating assigned to the FMCG stock with a target price of Rs 821.
The target suggests an upside of 20.3 per cent, as of September 13.
Buy Ashok Leyland stock: Sharekhan
Sharekhan suggests buying Ashok Leyland shares for a target price of Rs 285.
As of September 13, the target implies an upside of 16 per cent.
Buy HDFC Life Insurance Company stock: Sharekhan
Sharekhan has a 'buy' rating assigned to HDFC Life with a target price of Rs 870.
As of September 13, the target suggests an upside of 23.4 per cent in the private sector life insurer's stock.
Buy Indian Bank shares, fundamentally solid as ever: Emkay
Emkay has a 'buy' call on Indian Bank shares with a target price of Rs 675, which implies an upside of almost 30 per cent from the September 13 close. However, the brokerage adds that the imminent change in its MD remains a key monitorable.
"Given the RBI’s observation on the FISB's nomination of Asheesh Pandey (ED at BoM) as MD and CEO of Indian Bank, the incumbent MD and CEO SL Jain’s term has been extended till December... We hope that GoI shall take an appropriate call soon to resolve the management tangle," according to Emkay.
Buy Pricol shares: Emkay
The brokerage has a 'buy' rating assigned to Pricol Ltd with a target price of Rs 600.
The target implies an upside of about 24 per cent.
Buy Tata Consumer Products shares: ICICI Securities
ICICI Securities has a 'buy' rating assigned to Tata Consumer Products with a target price of Rs 1,385, which implies an upside of 14.4 per cent.