Let us know, which stocks are under the watch of veteran brokerage houses –
CNBC-Awaaz offers you big and big brokerage houses investment tips every day so that you can get accurate advice on investing on stocks and you can make a profit, then let us know which stocks of heavyweight brokerage houses are resting on today. vision-
BHARTI AIRTEL
BHARTI AIRTEL results have been better than anticipated. The company has outperformed at all levels of earnings, EBITDA. The number of new customers has been better than anticipated. ARPU is expected to continue to improve in Q3 as well. The company has raised EBIDTA estimates by 3-6 per cent. The valuations of the stock have plummeted after the recent fall.
MORGAN STANLEY has given an overweight rating of Rs 725 for BHARTI AIRTEL. At the same time, CLSA has given a target of Rs 715 with a BUY call. CREDIT SUISSE has given a target of Rs 700, giving an outperform rating. At the same time, MACQUARIE has given a target of Rs 700, giving an outperform rating. MACQUARIE has given a target of Rs 700 while giving an outperform rating while CITI has given a target of Rs 690 giving a buy rating. UBS has given a buy rating with a target of Rs 655. At the same time, BofAML has given a target of Rs 640, giving a buy rating. GOLDMAN SACHS has also given a buy rating with a target of Rs 635. At the same time, EDELWEISS has given a target of Rs 590 giving a buy rating.
Tata Motors
The company’s Q2 results have been better than anticipated. The cash flow of JLR and Indian businesses seems positive. The outlook for the second half of FY 2021 is impressive. The company raised the EBITDA estimate by 2 per cent for FY21-23.
On Tata Motors, CLSA gave a BUY rating of Rs 220, EDELWEISS gave a BUY rating of Rs 197, CITI gave a BUY rating of Rs 185, JP MORGAN gave a UNDERWEIGHT rating of Rs 125 and GOLMAN SACHS gave a SELL rating. Has given a target of Rs 108.
ICICI PRUDENTIAL
ICNI PRUDENTIAL’s VNB margin has been better than estimates. The results have improved due to better mix and cost reduction. VNB growth is projected to grow 17–18 per cent for FY21–23. Incremental Risk-reward looks attractive.
JEFFERIES has given a BUY rating of Rs 560 on ICICI PRUDENTIAL. At the same time, JP MORGAN has given a target of Rs 550, giving a BUY rating. JMORGAN STANLEY has given a target of Rs 540, giving EQUALWEIGHT rating on ICICI PRUDENTIAL. CLSA has given a BUY rating of Rs 535 on ICICI PRUDENTIAL. CREDIT SUISSE has given an outperform rating on ICICI PRUDENTIAL with a target of Rs 510.
Hero motocorp
CLSA has set a target of Rs 3650 on Hero Motocorp.
