We have collated a list of recommendations from top brokers from ETNow and other sources:
Jefferies on: Buy | LTP 574 Rs | Target 700 Rs | 22% increase
Jefferies maintains a buy rating on SBI with a target of Rs 700, representing a 22% increase from Rs 574 recorded on September 20.
The global investment bank has increased earnings for SBI by 3-5%. It has resulted in better credit growth as it is well positioned to gain market share.
Net profit margin (NIM) may be limited in scope as corporate credit increases. The report said healthy credit growth and low credit costs should support earnings growth.
Macquarie on HUL: Positive | Target 3000 Rs | LTP 2582 Rs | 16% increase
Macquarie maintains better ratings on
with a target price of Rs 3000, up 16% from Rs 2582 recorded on September 20.
Channel testing shows steady demand. Global investment bank projects 16% sales growth; high cost inventory to impact EBITDA.
The note says: “Demand will maintain volume growth. Downside risks to margins are limited.”
Citigroup on PB Fintech: Buy | Target Rs 750 | LTP 511 Rs | 46% increase
Citigroup maintains a buy rating on PB Fintech with a target price of Rs 750, representing an increase of more than 46% from the Rs 511 recorded on September 20.
POSP’s profit margin will likely remain limited to
It remains constructive on Policybazaar’s dominance of the market position in digital-led insurance initiation.
(Disclaimer: The recommendations, suggestions, views and opinions expressed by experts are their own. They do not represent the views of The Economic Times)