 Buy Liberty Shoes; target of Rs 125: Aditya BirlaPublished on Wed, Mar 10, 2010 at 15:47 | Source : Moneycontrol.com Updated at Wed, Mar 10, 2010 at 15:49 3056 Investors following Liberty Shoes. Share this News with them.
Aditya Birla Money is bullish on Liberty Shoes and has recommended buy rating on the stock with a target of Rs 125, in its March 03, 2010 research report. "At the CMP of Rs 107, the Liberty Shoes is trading at 19.58x of its trailing 12 monthearnings. The financials of Liberty shoes has shown consistent performance in thelast nine months. Historically the second half financials has been better than thefirst half financials. Considering the above factors, we are recommending a BUY on Liberty shoes for a 3 to 6 months target of RS 125," says Aditya Birla Money. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. To read the full report click on the attachment
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