Here are 9 stocks that brokerage firms' are bullish on. Morgan Stanley is overweight on Tata Motors with target price of Rs 585 per share. It expects volume to pick-up on XF launch in china & strong new discovery sales.
Here are 9 stocks that brokerage firms' are bullish on:
Morgan Stanley is overweight with target price of Rs 585 per share. It expects volume to pick-up on XF launch in china & strong new discovery sales.
Citi maintains neutral rating with target price raised to Rs 2090 per share from Rs 1010 per share as financial services emerging as key driver of value. It sees good progress in efforts to ramp up OTC business as info management business could be first source of value unlocking via US listing.
Centrum initiates coverage with buy rating and target price of Rs 1256 per share.
Bank of America Merrill Lynch reiterates buy rating with target price at Rs 1415 per share. Its asset quality remains manageable as fee growth is tad weaker FY17/18 EPS growth is estimated at 24/27 percent.
JP Morgan maintains overweight with target price at Rs 1300 per share.
Nomura reiterates buy rating with target price of Rs 605 per share as Indore establishment inspection report alleviates a key concern. It has a buy rating due to improvement in base business margin.
Nomura on reiterate buy with target price increased to Rs 804 per share from Rs 567 per share as improving growth outlook justifies re-rating. Radio pharmaceuticals portfolio presents attractive growth prospects and new product launches should help sustain growth.
Morgan Stanley is equal-weight with target price of Rs 525 per share. It expects stock to fall relative to the country index over the next 30 days
Morgan Stanley is overweight with target price of Rs 47 per share with a believe that share price will rise relative to country index over next 30 days. It says the new draft tariff regulations could lead to content cost rationalization as new draft tariff regulations to have a significantly positive impact on company.
Morgan Stanley is overweight with a target price of Rs 110 per share.
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