KR Choksey has recommended accumulate rating on Infibeam Incorporation with a target price of Rs 1461 in its research report dated February 14, 2017.
KR Choksey's research report on Infibeam Incorporation
We also believe that entrance into MEA region is positive for the Revenue per merchant parameter as realizations in the foreign markets are much higher comparatively. We have “ACCUMULATE” rating on the stock to arrive at a price target of INR 1,461.
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