From DLF to Sobha: 6 real estate stocks CLSA revises stance on
As the Dalal Street participants gear up for yet another trading session, global brokerage CLSA has revised its stance on some real estate stocks. Here is a revised list of realty stocks by the brokerage.
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Sobha
Sobha:
CLSA upgraded Sobha to 'underperform' and raised the target to Rs 1,315 from Rs 1,279.
DLF
DLF:
It upgraded DLF stock to 'underperform' and gave target of Rs 756.
Macrotech Developers
Macrotech Developers:
The brokerage upgraded Macrotech Developers stock to 'underperform' and gave a target Rs 705 apiece.
Oberoi Realty
Oberoi Realty:
CLSA upgraded City Union Bank to 'underperform' and gave a target of Rs 1,260.
Prestige Estates Projects
Prestige Estates Projects:
By downgrading the rating to 'outperform' the brokerage gave a target of Rs 2,320.
Sunteck Realty
Sunteck Realty:
The brokerage downgraded to 'outperform' and gave a target of Rs 553.