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Foreign brokerages raise target price for these 10 stocks. Do you own any?

Bank Of India, DLF and Punjab National Bank among the stocks that broking houses are bullish on

Rakesh Patil | June 17, 2021 / 12:29 IST
1/11
Benchmark indices touched fresh milestone on June 15 as investors are confident of reopening of economy after continues fall in the Covid cases and also supported by the positive global cues. The Q4 earning season is in the final leg, while till now most of the results announced were in-line, also fueled the rally. Here are the list of stocks in which foreign broking houses raise the target price
With Sensex and Nifty trading in unchartered territory, experts have advised investors to take some profit off the table. But, foreign brokerages have revised the target price of these ten stocks
2/11
Bank Of India | Brokerage: Credit Suisse | Rating: Underperform | Target: Raised to Rs 68
3/11
Punjab National Bank | Brokerage: CLSA | Rating: Upgrade to outperform from sell | Target: Raised to Rs 47 from Rs 22
4/11
Bharat Forge | Brokerage: Nomura | Rating: Upgrade to buy from neutral | Target: Raises to Rs 924
5/11
GAIL | Brokerage: JPMorgan | Rating: Overweight | Target: Raised to Rs 197
6/11
SAIL | Brokerage: Citi | Rating: Buy | Target: Raised to Rs 185 from Rs 110
7/11
DLF | Brokerage: CLSA | Rating: Upgrade to buy from outperform | Target: Raised to Rs 350.
8/11
Coal India | Brokerage: Citi | Rating: Buy | Target: Raised to Rs 160
9/11
Jubilant FoodWorks | Brokerage: JPMorgan | Rating: Overweight | Target: Raised to Rs 3,425 from Rs 3,030 
10/11
LIC Housing Finance | Brokerage: CLSA | Rating: Buy | Target: Raised to Rs 700
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Glenmark Pharma | Brokerage: Nomura | Rating: Buy | Target: Raised to Rs 762
Rakesh Patil

First published: Jun 17, 2021 12:16 pm

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