Investing tips: 3 stocks to buy, sell or hold for good returns

Here are brokerage firms views on top three stocks.

SBIBank of America Merrill Lynch reiterates buy call with target of Rs 300 per share. It feels medium-term merger benefits to outweigh costs. It agrees that swap ratio seems fair and closer to market and below nominal. DB retains positive view on SBI with a target price at Rs 280 per share. It says SBI valued Subsidiaries is at 0.5-0.7x FY16 book. CLSA maintains buy rating with a target price of Rs 300 per share.

Mahanagar GasCiti initiates coverage with neutral call with target at Rs 587 per share but meaningful growth drivers appear limited.

Maruti DB maintains hold with a target price of Rs 4350. It says increase in discounts and yen appreciation are downside risks. “Recent price hike lends further credence to this confidence. Don’t see meaningful stock price upside from current levels,”it says.