Should you buy Tata Motors, Paytm, IndiGo, SBI stocks today? Here is what brokerages suggest
Here's what foreign brokerages have make of stocks such as Tata Motors, Paytm, InterGlobe Aviation (IndiGo) and State Bank of India (SBI).
As Dalal Street enters the February 5 session, brokerages have several stocks on their radar. Here's what CLSA, Morgan Stanley, Jefferies, Nomura, Goldman Sachs, Citi, JPMorgan and HSBC make of stocks such as Tata Motors, Paytm, InterGlobe Aviation (IndiGo) and State Bank of India (SBI):
(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.)
LIC Housing Finance
LIC Finance share target price: CLSA has an 'outperform' rating on the LIC Housing Finance stock with a target of Rs 725, while Morgan Stanley has maintained an 'equal-weight' rating on the stock with a target of Rs 495.
Jefferies and Nomura each have maintained a 'buy' call on LIC Housing Finance shares with targets of Rs 645 and Rs 665, respectively.
SBI
SBI share target price: Goldman Sachs, CLSA, Nomura and Jefferies each have maintained a 'buy' call on State Bank of India (SBI) with targets of Rs 677, Rs 800, Rs 755 and Rs 810, respectively.
Paytm
Paytm share target price: Citi has a 'sell' call on the Paytm stock with a target of Rs 550, while CLSA has a 'buy' call with a target of Rs 750.
Morgan Stanley has maintained an 'equal-weight' rating on Paytm shares with a target of Rs 555.
Tata Motors
Tata Motors share target price: Jefferies, CLSA, Nomura and Goldman Sachs each have maintained 'buy' call on Tata Motors shares with targets of Rs 1,100, Rs 1,061, Rs 1,057 and Rs 960, respectively.
HSBC has maintained a 'hold' call on the stock with a target of Rs 920.
JPMorgan and Tata Motors each maintained an 'overweight' rating on Tata Motors shares with targets of Rs 1,000 and Rs 1,013, respectively.
Macquarie has maintained an 'outperform' rating on Tata Motors with a target of Rs 1,028.
IndiGo
IndiGo share target price: Morgan Stanley and JPMorgan each have maintained an 'overweight' rating on the InterGlobe Aviation (IndiGo) stock with targets of Rs 4,145 and Rs 3,470, respectively.
Jefferies has maintained an 'underperform' rating on the stock with a target of Rs 2,500.
Two brokerages, Goldman Sachs and Citi have maintained a 'buy' call on IndiGo shares with a target of Rs 3,500 and Rs 3,700, respectively.
UPL
UPL share target price: Jefferies has maintained a 'buy' call on the UPL stock with a target of Rs 635.
Mphasis
Mphasis share target price: Citi has maintained a 'sell' call on the Mphasis stock with a target of Rs 2,400.
Aurobindo Pharma
Aurobindo share target price: Macquarie has maintained an 'outperform' rating on the Aurobindo Pharma stock with a target of Rs 1,300.
Mankind Pharma
Mankind share target price: JP Morgan has an 'overweight' rating on the Mankind Pharma stock with a target of Rs 2,370, while Macquarie has an 'outperform' rating on the stock with a target of Rs 2,300.
Delhivery
Delhivery share target price: Three brokerages, Jefferies, CLSA and Citi have maintained a 'buy' call on the Delhivery stock with a target of Rs 665, Rs 600 and Rs 550, respectively.
Goldman Sachs has maintained a 'neutral' rating on Delhivery shares with a target of Rs 460.
Morgan Stanley has maintained an 'overweight' rating on Delhivery with a target of Rs 455.
Devyani International
Devyani International share target price: CLSA has maintained an 'outperform' rating on the Devyani International Ltd (DIL) stock with a target of Rs 196, while JP Morgan has an 'overweight' rating on the stock with a target of Rs 195.
Jefferies has maintained a 'hold' call on DIL shares with a target of Rs 180. Citi, on other side, has maintained a 'buy' call on the stock with a target of Rs 210.