SBI Share Price | HUL Share Price: Hot Stocks: Why SBI, Hindustan Unilever and PB Fintech could give 16-40% returns in 1 year?
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Jefferies on : Buy| LTP Rs 574| Target Rs 700| Upside 22%
Jefferies maintained a buy rating on SBI with a target of Rs 700 which translates into an upside of 22 per cent from Rs 574 recorded on 20 September.
The global investment bank raised earnings for SBI by 3-5 per cent. It has factored in better credit growth as it is well-placed to gain market share.
Net interest margins (NIMs) may be range-bound as the share of corporate credit rises. Healthy credit growth and low credit costs will support earnings growth, said the note.
Macquarie on HUL: Outperform| Target Rs 3000| LTP Rs 2582| Upside 16%
Macquarie maintained outperform rating on
with a target price of Rs 3000 which translates into an upside of 16 per cent from Rs 2582 recorded on 20th September.
Channel checks suggest steady demand. The global investment bank expects 16 per cent sales growth; high-cost inventory to impact EBITDA.
“The demand strength should sustain volume growth momentum. Downside risks to margins are limited,” said the note.
Citigroup on PB Fintech: Buy| Target Rs 750| LTP Rs 511| Upside 46%
Citigroup maintained a buy rating on PB Fintech with a target price of Rs 750 which translates into an upside of over 46 per cent from Rs 511 recorded on 20th September.
POSP’s margins will likely remain constrained at
It remains constructive on Policybazaar dominating market positioning in digital-led insurance origination.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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