Bandhan Bank Ltd., Cipla Ltd., Laurus Labs Ltd., Sona BLW Precision Forgings Ltd., and Rain Industries made it to analysts’ recommendation for Friday’s trade session.
Angel One Technical & Derivative Research Chief Manager Osho Krishnan, Centrum Broking Technical & Derivatives Research,(Equity Research) Vice President And Head Nilesh Jain, and JM Financial Senior Vice President Akshay P Bhagwat shared views on the above mentioned stocks.
Sona BLW Precision Precision Forgings
Osho Krishnan suggested a buy for the stock. The target price is Rs 515, which implied a 5.1% upside from Thursday’s close. The stop loss is at Rs 476 apiece.
Out of 19 analysts tracking the company, 12 maintain a ‘buy’ rating, four recommend a ‘hold’ and three suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies an upside of 10.3%.
Rain Industries
Nilesh Jain chose Rain Industries for Friday’s session. The target price is Rs 171 apiece, which implied a 6.9% upside from Thursday’s close. The stop loss is at Rs 155 apiece.
Laurus Labs
Akshay P Bhagwat suggested a buy for the counter. He has given a target price range of Rs 857–871 apiece for Laurus Labs, which implied upside of 2.6%–4.3% from Thursday’s close.
Out of 16 analysts tracking the company, seven maintain a ‘buy’ rating, four recommend a ‘hold’ and five suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies a downside of 22.1%.
Cipla
Angel One’s Osho Krishnan suggested a buy for Cipla. The target price is Rs 1,520 apiece, which implied 2.3% upside from Thursday’s close. The stop loss is at Rs 1,465 apiece.
Out of 30 analysts tracking the company, 25 maintain a ‘buy’ rating, seven recommend a ‘hold’ and eight suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies an upside of 10.1%.
Bandhan Bank
Nilesh Jain suggested a buy for Bandhan Bank Ltd. The target price is Rs 195 apiece, which implied 5.9% upside from Thursday’s close. The stop loss is at Rs 179 apiece.
Out of 29 analysts tracking the company, 15 maintain a ‘buy’ rating, 12 recommend a ‘hold’ and two suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies an upside of 5.5%.
Disclaimer: The views and opinions expressed by the investment advisers are of their own and not of NDTV Profit. NDTV Profit advises readers to consult their financial advisers before investment.
. Read more on Markets by NDTV Profit.Analysts chose stocks from financial services, pharma, chemicals, automobile component spaces for Friday’s session. Read MoreMarkets, Notifications
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