DLF, Oberoi Realty, Sobha, and others: JM Financial positive on largecap and midcap real estate stocks; check out targets
Here is a list of real estate sectors stock recommendations along with their targets
Real Estate Stocks: Nifty Realty has surged 82.6 per cent in the 1-year period, outperforming the Nifty 50 index. The 50-share index has given returns of 28.7 per cent in the same period. For investors seeking real estate stocks, analysts from domestic brokerage, JM Financial, have handpicked as many as five stocks for the long-term horizon. The brokerage has recommended these stocks from two categories; large-cap and mid-cap.
Index performance: Nifty Realty vs Nifty 50
Index performance in the last one-year:
- Nifty Realty: 82.6 per cent (blue)
- Nifty 50: 28.7 per cent (violet)
Here is a list of all stocks along with their targets:
1. DLF | Largecap
DLF share price target: The brokerage has recommended buying DLF shares for a one-year target of Rs 1,000.
2. Macrotech Developers | Largecap
Macrotech Developers share price target: JM Financial suggested buying the Macrotech Developers stock with a target of Rs 1,480 from a perspective of 12 months.
3. Oberoi Realty | Largecap
Oberoi Realty share price target: The brokerage has revised its targets for Oberoi Realty stock to Rs 1,820.
4. Sobha | Midcap
Sobha share price target: Analysts have given their targets of Rs 1,755 for Sobha Ltd shares.
5. Keystone Realtors | Midcap
Keystone Realtors share price target: JM Financial has a 'buy' stance on the Keystone Realtors stock with a one-year target of Rs 895.
(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.)