Both companies enjoy strong fundamentals, but we maintain caution on the sector due to elevated valuations and lingering uncertainty over changes in consumer behaviour.
Dolat Capital is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 300 in its research report dated February 05, 2019.
Dolat Capital is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 286 in its research report dated November 05, 2018.
Kotak Securities is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 305 in its research report dated August 31, 2018.
Valuations seem to factor in near term positives and offers limited upside from current levels
Edelweiss is bullish on Berger Paints recommended Buy rating on the stock with a target price of Rs 332 in its research report dated June 06, 2018.
The management is optimistic on demand in FY19 and remains confident that the recent price hikes will ease off margin pressures.
Edelweiss is bullish on Berger Paints has recommended buy rating on the stock with a target price of Rs 293 in its research report dated March 15, 2018.
Bonanza is bullish on Berger Paints has recommended buy rating on the stock with a target price of Rs 305 in its research report dated March 05, 2018.
Dolat Capital recommended accumulate rating on Berger Paints with a target price of Rs 263 in its research report dated November 06, 2017.
The Affordable Housing Portfolio has 20 stocks that we will constantly monitor. We recommend investors gradually build up this portfolio in the pre-assigned weights as indicated.
Axis Direct is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 195 in its research report dated February 22, 2017.
Motilal Oswal is bullish on Berger Paints has recommended buy rating on the stock with a target price of Rs 325 in its research report dated February 9, 2016.
Karvy Stock Broking has recommended to hold Berger Paints India with a target price of Rs 229 in its research reoprt dated August 31, 2015.
Brokerage house Emkay Global Financial Services is bullish on Berger Paints India and has recommended accumulate rating on the stock with a target price of Rs 245 in its research report dated August 11, 2015.
Brokerage house Firstcall Research is bullish on Berger Paints India and has recommended buy rating on the stock with a target price of Rs 260 in its research report dated August 3, 2015.
Brokerage house Firstcall Research is bullish on Berger Paints India and has recommended buy rating on the stock with a target price of Rs 230 in its research report dated June 03, 2015.
Brokerage house Emkay Global Financial Services is bullish on Berger Paints India and has recommended accumulate rating on the stock with a target price of Rs 355 in its August 11, 2014 research report.
Brokerage house Firstcall Research is bullish on Berger Paints India and has recommended buy rating on the stock with a target price of Rs 236 in its August 29, 2013 research report.
Maximus Securities is bullish on Berger Paints India and has recommended buy rating on the stock with a target price of Rs 324 in its July 22, 2013 research report.
Dolat Capital is bearish on Berger Paints and has recommended reduce rating on the stock with a target of Rs 234 in its June 4, 2013 research report.
SPA Research has recommended hold rating on Berger Paints India (Berger) with a target price of Rs 165, in its February 08, 2013 research report.