Sharekhan is bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 3475 in its research report dated May 02, 2019.
Prabhudas Lilladher recommended accumulate rating on Britannia Industries with a target price of Rs 3145 in its research report dated May 02, 2019.
Motilal Oswal is bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 3350 in its research report dated May 02, 2019.
Britannia remains a beneficiary of distribution reach catch up with the nearest competitor Parle and other FMCG players
Jyothy Labs currently trades at 29 times estimated FY20 earnings, which is about 40 percent discount to the average of FMCG majors
The management expects operating margin to improve moderately as input costs have eased and operating leverage benefits are also expected to show
Dolat Capital recommended accumulate rating on Britannia Industries with a target price of Rs 3469 in its research report dated February 11, 2019.
Motilal Oswal is bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 3630 in its research report dated February 11, 2019.
Prabhudas Lilladher recommended accumulate rating on Britannia Industries with a target price of Rs 3159 in its research report dated February 11, 2019.
Q3 results indicate Britannia is reaping benefits of beefing up distribution, addressing gaps in product portfolio and implementing cost efficiency programmes.
Dolat Capital recommended accumulate rating on Britannia Industries with a target price of Rs 6350 in its research report dated November 13, 2018.
Nalanda Securities is bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 6476 in its research report dated November 14, 2018.
Prabhudas Lilladher recommended accumulate rating on Britannia Industries with a target price of Rs 6298 in its research report dated November 13, 2018.
The management outlook on operating margin remains positive. It is also aiming at a price increase of about three percent in Q4. Bulk of its cost saving target (Rs 250 crore) is expected to unfold in the second-half
Market beta (sensitivity to broader index) of various FMCG stocks are well below one, which means they decline or rise less in times of market wide correction or upsurge phases, respectively
Dolat Capital recommended accumulate rating on Britannia Industries with a target price of Rs 6608 in its research report dated August 08, 2018.
Motilal Oswal is bullish on Britannia has recommended buy rating on the stock with a target price of Rs 7300 in its research report dated July 24, 2018.
Edelweiss bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 6580 in its research report dated June 29, 2018.
KRChoksey recommended accumulate rating on Britannia Industries with a target price of Rs 6576 in its research report dated June 04, 2018.
Edelweiss is bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 6360 in its research report dated May 17, 2018.
Dolat Capital recommended accumulate rating on Britannia Industries with a target price of Rs 5793 in its research report dated May 17, 2018.
Axis Direct is bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 5300 in its research report dated February 20, 2018.
Sharekhan is bullish on Britannia Industries has recommended buy rating on the stock with a target price of Rs 4665 in its research report dated October 05, 2017.