Stocks to Buy for Long Term: SBI, Axis Bank and BOB among largecap, midcap, smallcap stocks analysts are bullish on
Stocks to buy: Indian equities remain resilient and one can stand to benefit by buying good quality largecaps and defensive stocks as suggested by experts.
Even as the global equities continued to be weighed down heavily after the recent US jobs report, Indian equities lost only slightly. Amid this momentum as consolidation continues on D-Street, here are the stocks one can consider buying for the long term.
Torrent Power
Geojit Financial Services recommended to buy this stock for a target of Rs 1,694.3 per share.
SBI
Even as Goldman Sachs downgraded the stock, Nuvama maintained its buy call on SBI with a target slashed to Rs 980.
Narayana Hrudayalaya
Prabhudas Liladher has assigned a buy call on the stock with a target of Rs 1,420 per share.
Shriram Finance
Global brokerage UBS has given a buy call on the stock with a raised target of Rs 3,850.
Zomato
Jefferies maintains buy on the stock with a target of Rs 335.
Coal India
MOFSL has set the target on the stock at Rs 600.
Axis Bank
Nuvama other than SBI, also is bullish on Axis Bank.
Axis Bank
The target has been slashed to Rs 1,370 from the earlier Rs 1,435.
Bank of Baroda
In the public banking space, the brokerage also is bullish on Bank of Baroda.
Target price
The target has been however slashed to Rs 280 from the earlier Rs 310.
Other banks Nuvama is bullish on
The brokerage also likes Kotak Mahindra Bank, ICICI Bank and Federal Bank.
Inox Wind
On the midcap counter Axis Securities is bullish.
Target
The target price set on the heavy electrical equipment stock is Rs 270.
HG Infra Engineering
On the stock, the brokerage Axis Securities has suggested a target of Rs 1,645 per share.