[
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 17% and 27% as per analysts’ price targets.
BROKERAGE: CITI Price Target: Rs 2,200 CMP: Rs 1,825 | Upside: 21%
- Advances growth will gain traction after bottoming out in third quarter
- Expect over 7% deposit growth in fourth quarter
- No unusual stress in any segment; credit costs expected to be contained
BROKERAGE: HSBC
Price Target: Rs 1,785 CMP: Rs 1,521 | Upside: 17%
- Out-licensing deal for ISB 2001 could act as a re-rating trigger
- Upgrade rating to buy from hold on favourable risk-reward
- Operating margins in base business could expand
TATA STEEL
BROKERAGE: EMKAY GLOBAL
Price Target: Rs 185 CMP: Rs 155 | Upside: 19%
- Initiate coverage with buy rating on expected Europe business turnaround and valuation comfort
- Investor concerns over captive mine re-auctions in 2030 unwarranted; iron ore prices in medium term declines
- Tata’s Europe business could be at an inflection point toward profitability
SAMVARDHANA MOTHERSONBROKERAGE: CLSA Price Target: Rs 167 CMP: Rs 132 | Upside: 27%
- Stock has the potential to double in three years
- Improving Return on Capital Employed, leaner balance sheet and better target market outlook to drive re-rating Outperform rating due to recent stock decline and expectations of margin-accretive mergers and acquisitions
https://img.etimg.com/thumb/msid-119623366,width-1200,height-630,imgsize-670294,overlay-etmarkets/articleshow.jpg
https://economictimes.indiatimes.com/markets/stocks/news/hot-stocks-4-stocks-that-may-give-returns-between-17-27/articleshow/119623209.cms
