Broker Radar for February 26

Check out the stock commentaries and recommendations from brokerage houses.

Feb 26, 2019 02:02 IST India Infoline News Service

Buy Hold And Sell Dice Represents Stocks Strategy
UBS maintained ‘Sell’ on Eicher Motors with a TP of Rs19,000.
  • Dealers optimism fading; growth lagging industry in most states.
  • Dealers’ outlook more mixed; financing lever continues to support demand.
  • Royal Enfield growing slower than industry in almost all regions.
Goldman Sachs on Reliance Industries maintained ‘Buy’; hiked TP to Rs1,455 from Rs1,380.
  • Retail business key earnings growth pillar; see significant growth potential.
  • Market share gains for organized retail players to aid growth.
  • Raise price target to capture higher retail value.
HSBC maintained ‘Buy’ on Coal India; cut TP to Rs320 from Rs360.
  • Cut price target to factor in lower valuation multiple and lower EBITDA growth.
  • Cheap stock with improving coal deliveries over past three months.
  • Volume growth is the key.
CLSA on IT sector; reiterate buy on Infosys, HCL Tech and TCS
  • Nasscom Takeaways suggest a strong demand environment
  • Bullish on demand recovery in CY19/FY20
  • Deal signings have remained robust
(Source: Media Reports)

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