HomeNewsBusinessStocksBuy, sell or hold: 9 stocks that analysts are bullish on

Buy, sell or hold: 9 stocks that analysts are bullish on

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.

October 13, 2016 / 08:59 IST
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Moneycontrol Bureau Here are 9 stocks that brokerage firms' are bullish on:Tata Motors 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. Piramal Enterprise 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.

Strides ShasunCentrum initiates coverage with buy rating and target price of Rs 1256 per share.

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IndusInd Bank 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.

CiplaNomura 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.