ICICI Securities recommended reduce rating on Berger Paints with a target price of Rs 470 in its research report dated November 06, 2024.
ICICI Securities recommended reduce rating on Berger Paints with a target price of Rs 450 in its research report dated May 16, 2024.
Supply overhang is likely to persist, affecting the profitability of players in several sectors
The competitive intensity in the sector is likely to jump manifold in the medium term
Geojit is bullish on Berger Paints has recommended buy rating on the stock with a target price of Rs 774 in its research report dated August 16, 2023.
Religare Retail Research is bullish on Berger Paints India has recommended buy rating on the stock with a target price of Rs 766 in its research report dated May 16, 2023.
ICICI Direct recommended hold rating on Berger Paints India with a target price of Rs 600 in its research report dated February 04, 2023.
ICICI Direct recommended hold rating on Berger Paints India with a target price of Rs 670 in its research report dated November 12, 2022.
ICICI Direct recommended hold rating on Berger Paints India with a target price of Rs 740 in its research report dated August 09, 2022.
A lot of action is happening in the paint industry. Asian Paints and Berger Paints, the long undisputed leaders, are now facing the heat of competition. With so many players, many of them biggies in allied sectors, entering the fray, the sector is just starting a valuation de-rating cycle. This is not the time to hold paint company stocks
The demand momentum is very strong across rural as well as urban markets and Berger’s plants are running at close to 90 percent utilisation rate
ICICI Direct is bullish on Berger Paints India has recommended buy rating on the stock with a target price of Rs 860 in its research report dated August 12, 2021.
Berger’s stock has had a stellar run in the recent past and its market capitalisation increased by more than 50 per cent in the past 12 months
ICICI Direct recommended hold rating on Berger Paints India with a target price of Rs 835 in its research report dated Jun 03, 2021.
Dolat Capital Market recommended reduce rating on Berger Paints with a target price of Rs 773 in its research report dated February 11, 2021.
ICICI Direct recommended hold rating on Berger Paints India with a target price of Rs 810 in its research report dated February 11, 2021.
Berger’s share price has risen by 40 percent in the last 6 months beating the consumer index by a wide margin
ICICI Direct recommended hold rating on Berger Paints India with a target price of Rs 675 in its research report dated November 11, 2020.
The trajectory of recovery appears unclear for Berger owing to uncertainty around the virus
HDFC Securities is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 460 in its research report dated September 07, 2020.
ICICI Securities recommended hold rating on Berger Paints with a target price of Rs 540 in its research report dated August 16, 2020.
The stock of Berger Paints has managed to recoup much of the losses even as worries about the profitability and recovery stick on
Dolat Capital is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 440 in its research report dated June 28, 2020.
ICICI Direct recommended hold rating on Berger Paints India with a target price of Rs 570 in its research report dated June 27, 2020.
Cholamandalam securities is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 393 in its research report dated June 26, 2020.