Should you buy Tata Motors, Zomato, Sun Pharma, and other 2 largecap stocks? Here's what brokerages recommend
Here's what Jefferies, Nomura, JPMorgan, Goldman Sachs, Macquarie, Citi, CLSA, and Morgan Stanley make of stocks such as Tata Motors, Sun Pharma, Zomato, and The Phoenix Mills:
As Dalal Street enters the August 2 session, brokerages have several stocks on their radar.
Should you buy Tata Motors, Zomato, Sun Pharma, and other 2 largecap stocks?
Here's what Jefferies, Nomura, JPMorgan, Goldman Sachs, Macquarie, Citi, CLSA, and Morgan Stanley make of stocks such as Tata Motors, Sun Pharma, Zomato, and The Phoenix Mills:
Sun Pharma stock
Two brokerages, Jefferies and Citi have maintained a 'buy' call on Sun Pharmaceuticals shares with targets of Rs 2,000 and Rs 1,640, respectively.
Sun Pharma stock
On the other hand, Goldman Sachs has maintained a 'sell' call on the stock with a target of Rs 1,450. Moreover, CLSA has a 'hold' call with a target of Rs 1,720.
JPMorgan has maintained an 'overweight' rating on the Sun Pharma stock with a target of Rs 1,800, while Macquarie has maintained an 'outperform' rating on the stock with a target of Rs 1,685.
Zomato stock
Three brokerages, Jefferies and Goldman Sachs have maintained a 'buy' call on Zomato shares with targets of Rs 275, Rs 280, and Rs 280, respectively.
Both CLSA and Bernstein have maintained an 'outperform' rating on the Zomato stock with targets of Rs 350 and Rs 275, respectively, while Morgan Stanley has maintained an 'overweight' rating on the stock with a target of Rs 278. On the other hand, Macquarie has maintained an 'underperform' rating with a target of Rs 100.
Escorts Kubota shares
JPMorgan has maintained an 'underweight' rating on Escorts Kubota shares with a target of Rs 2,390, while CLSA has maintained an 'underperform' rating on the stock with a target of Rs 2,439. Meanwhile, Macquarie has maintained an 'outperform' rating with a target of Rs 4,069.
The Phoenix Mills shares
CLSA has a 'hold' call on The Phoenix Mills shares with a target of Rs 3,425, while Morgan Stanley has an 'overweight' rating on the stock with a target of Rs 3,400.
JPMorgan has maintained a 'neutral' rating on The Phoenix Mills shares with a target of Rs 2,960.
Tata Motors shares
Both Jefferies and Nomura have maintained a 'buy' call on Tata Motors shares with targets of Rs 1,330 and Rs 1,303, respectively.
Meanwhile, Goldman Sachs has a 'neutral' rating with a target of Rs 1,100.
JPMorgan has maintained an 'overweight' rating on the Tata Motors stock with a target of Rs 1,250, while Macquarie has maintained an 'outperform' rating on the stock with a target of Rs 1,171.
Should you buy Tata Motors, Zomato, Sun Pharma, and other 2 largecap stocks?
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.