Several brokerages have released their latest views and price targets on key listed companies. Here are the highlights of fund house recommendations for the day:
- CLSA on Tata Communications: Maintain Outperform on the company, target price at Rs 2100 per share
- Jefferies on Max Healthcare: Maintain Buy on the company, target price at Rs 1400 per share
- Nomura on Dr Reddy’s: Maintain Buy on the company, target price at Rs 1575 per share
- Morgan Stanley on Life Insurance sector: Individual new sum assured growth stronger than individual APE for most large players
- HSBC on AMCs: SIP flows up, lump sum flows weak. Valuations of AMCs are now at peak
- Goldman Sachs on HDFC Life: Expect moderate H1 growth followed by a pickup in H2, target price at Rs 830 per share
- Citi on HCL Technologies: Maintain Neutral on the company, target price at Rs 1510 per share
- Citi on Britannia: Maintain Buy on the company, target price at Rs 5645 per share
- Citi on Hindustan Zinc: Maintain Sell on the company, target price at Rs 400 per share
- UBS on PayTM: Maintain Neutral on the company, target price at Rs 1000 per share
- Goldman Sachs on United Spirits: Maintain Buy on the company, target price at Rs 1700 per share
- Macquarie on United Spirits: Maintain Underperform on the company, target price at Rs 1250 per share
Disclaimer: This update is for informational purposes only and does not constitute investment advice. Investors should consult certified financial advisors before making any investment decisions.
