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Buy Cosmo Films; target of Rs 450: Dynamic Levels

Dynamic Levels is bullish on Cosmo Films has recommended buy rating on the stock with a target price of Rs 450 in its research report dated May 14, 2016.

May 16, 2016 / 17:33 IST
     
     
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    Dynamic Levels's research report on Cosmo FilmsCosmo Films Ltd is a leading manufacturer in flexible packaging with wide range of products in its portfolio. It was the first to manufacture Bi-axially Oriented Polypropylene Films (BOPP) in India with 20% market share. Cosmo has manufacturing units in India, Korea, Japan and US and customers across 80 countries around the globe.We initiate coverage on Cosmo Films Ltd as a BUY @320-340 with a target of Rs 450 representing a potential upside of 30% from the buy price. COSMO FILMS is trading at a low PE of 8.9. For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies 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.

    first published: May 16, 2016 05:33 pm

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