Should you buy/sell/hold Asian Paints shares? Here's what analysts recommend

Ankur Gupta Jul 18,2024

Are you confused about buying or selling Asian Shares after its June 2024, quarter or Q1 performance?

Asian Paints q1 results

The company's consolidated PAT dropped 25 per cent to Rs 1,186.79 crore due to low demands amidst high heatwaves and general elections.

What to do with asian shares?

Know here what analysts from global brokerages, Macquarie, CLSA, Jefferies, Goldman Sachs, JPMorgan, and Citi suggest:

Macquarie has maintained an 'outperform' rating on Asian Paints shares with a target of Rs 3,500.

CLSA and Jefferies have maintained an 'underperform' rating on Asian Paints shares with targets of Rs 2,290 and Rs 2,100, respectively.

While Morgan Stanley has maintained an 'underweight' rating on the stock with a target of Rs 2,300.

Two brokerages, Goldman Sachs and JPMorgan have maintained a 'neutral' rating on the Asian Paints stock with targets of Rs 2,750 and Rs 2,800, respectively.

Citi has recommended selling Asian Paints shares with a target of Rs 2,400.

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.