CNBC-Awaaz brings to you the investment tips of big and leading brokerage houses on a daily basis so that you can get accurate advice on investing in stocks and make profits, so know which stocks are eyeing the big brokerage houses today. –
BROKERAGES ON SAIL
Opinion of INVESTEC on SAIL
INVESTEC has given buy rating on SAIL and has a target of Rs 200 for the stock.
Opinion of CITI on SAIL
CITI has given buy rating on SAIL and has a target of Rs 185 for the stock.
JP Morgan’s opinion on SAIL
JP Morgan has given Neutral Rating on SAIL and has a target of Rs 135 for the stock. He says that the management is positive about the pricing. Apart from this, the management’s focus is on reducing debt. In this, free cash flow of $320 million is possible in FY22-23.
BROKERAGES ON LUPIN
CLSA’s opinion on LUPIN
CLSA has a sell rating on LUPIN with a target of Rs 1,080 for the stock. He says that the company has received a warning from the US FDA for the Somerset, New Jersey plant. This plant generates 5% of the company’s revenue. Although the company is hopeful of a resolution, the US FDA warning may reduce the forecast for FY23 results.
BROKERAGES ON OIL
OIL Sector Opinion by GOLDMANS SACHS
Giving opinion on OIL, GOLDMANS SACHS has said that further increase in crude oil is possible. The price of Brent can go up to $80. On the other hand, due to increase in demand in the US, the rise in crude has increased. At the same time, there has not been much progress in talks with Iran. At present, the price of Brent has reached the high of May 2019. Along with this, the demand is also getting support from vaccination. Meanwhile the price difference between WTI and Brent has narrowed.
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