Escorts, Jubilant Food, Paytm’s Brokerage: Brokerage firms have given different opinions about these three stocks and suggested buying here.
Brokerage views on escorts
Brokerage company CLSA has given a buy opinion on the stock and has set a target price of Rs 2196. The company thinks that recovery will be seen due to the tractor cycle. The next 3 years will see strong growth.
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What investors will do at Jubilant Foodworks
Morgan Stanley downgraded the rating from overweight to underweight. At the same time, the target of Rs 5,000 for purchase has been reduced to Rs 2,250. Also, Macquarie downgraded the rating from neutral and lowered the target price from Rs 3550 to Rs 2150. At the same time, JP downgraded the Morgan rating to neutral and raised the target price from Rs 4,025 to Rs 3,000.
The latest call from a brokerage on Paytm
Following the RBI’s ban on Paytm Payment Banks, brokerage firms have lowered their target prices. Morgan Stanley downgraded the overweight rating to Equalweight. However, the target price has been reduced from Rs 1425 to Rs 935. Also, Macquarie holds a low performance rating on this stock and has set a target price of Rs 700. At the same time, JP Morgan has reduced the target price from Rs 1350 to Rs 1200.
(Disclaimer: Investment advice here is provided by a brokerage house / expert. This is not a G-Business opinion. Consult your advisor before investing.)