Today news
About the same in other media
Most analysts upbeat post Bajaj Auto's Q3 show, raise price targets
Reading now: 897
Bajaj Auto gained 5.2% in a weak market on Thursday after the company’s profitability in the third quarter was higher than expected. Most brokerages upgraded their price targets on the stock after the results.
The upgraded average analyst price target on the stock stands at Rs 7,252.08, according to Bloomberg data, which is 4.6% lower than Thursday’s closing price of Rs 7,590.
Morgan Stanley said it is overweight on Bajaj Auto because of the replacement demand wave, export recovery, and positive prospects for Triumph, electric two-wheelers and electric three-wheelers. CLSA maintained its sell rating on the stock due to its expensive valuation and moderate volume growth.
About this in other media
Analysts mostly retain share price targets on TechM economictimes.indiatimes.com /9 months ago
Lvmh fashion division posts solid growth in Q4 investing.com /9 months ago
Bajaj Auto share price rallies over 2% after upbeat Q3 results; Should you buy, sell or hold the stock? livemint.com /9 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
