Houseviews: Three stocks that brokerages are bullish on!

Houseviews: Three stocks that brokerages are bullish on!
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Tech Control
moneycontrol.com
Houseviews: Three stocks that brokerages are bullish on!
  • 
	L&T

	Brokerage: CITI

	Rating: Buy

	Target: Rs 1642

	Rationale: FY13 onwards the execution cycle could actually accelerate. They believe L&T guiding 20% sales growth in fy13 would not be a surprise.

    L&T Brokerage: CITI Rating: Buy Target: Rs 1642 Rationale: FY13 onwards the execution cycle could actually accelerate. They believe L&T guiding 20% sales growth in fy13 would not be a surprise.

  • 
	Zee Entertainment

	Brokerage: Goldman Sachs

	Rating: Buy

	Target: Rs 155

	Rationale: Zee TV is improving its rankings driven by new program launches. This, coupled with a cyclical recovery in ad spend in FY13, should help overall revenues.

    Zee Entertainment Brokerage: Goldman Sachs Rating: Buy Target: Rs 155 Rationale: Zee TV is improving its rankings driven by new program launches. This, coupled with a cyclical recovery in ad spend in FY13, should help overall revenues.

  • 
	ONGC

	Brokerage: CLSA

	Rating: Outperform

	Target: Rs 310

	Rationale: The recent 80% hike in CESS on crude production has led to a sharp 15% cut in ONGC’s FY13 EPS. ONGC also suffers as subsidies rise faster than revenues at 45% upstream share assumptions.

    ONGC Brokerage: CLSA Rating: Outperform Target: Rs 310 Rationale: The recent 80% hike in CESS on crude production has led to a sharp 15% cut in ONGC’s FY13 EPS. ONGC also suffers as subsidies rise faster than revenues at 45% upstream share assumptions.

  • 
	Maruti

	Brokerage: Deutsche Bank

	Rating: Sell

	Target: Rs 1200

	Rationale: The current price implies a reversion to peak profitability levels of the past which is an optimistic expectation.

    Maruti Brokerage: Deutsche Bank Rating: Sell Target: Rs 1200 Rationale: The current price implies a reversion to peak profitability levels of the past which is an optimistic expectation.

  • 
	L&T

	Brokerage: CITI

	Rating: Buy

	Target: Rs 1642

	Rationale: FY13 onwards the execution cycle could actually accelerate. They believe L&T guiding 20% sales growth in fy13 would not be a surprise.
  • 
	Zee Entertainment

	Brokerage: Goldman Sachs

	Rating: Buy

	Target: Rs 155

	Rationale: Zee TV is improving its rankings driven by new program launches. This, coupled with a cyclical recovery in ad spend in FY13, should help overall revenues.
  • 
	ONGC

	Brokerage: CLSA

	Rating: Outperform

	Target: Rs 310

	Rationale: The recent 80% hike in CESS on crude production has led to a sharp 15% cut in ONGC’s FY13 EPS. ONGC also suffers as subsidies rise faster than revenues at 45% upstream share assumptions.
  • 
	Maruti

	Brokerage: Deutsche Bank

	Rating: Sell

	Target: Rs 1200

	Rationale: The current price implies a reversion to peak profitability levels of the past which is an optimistic expectation.

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login