SBI, Airtel among 8 stocks upgraded in the last month; analysts see up to 20% upside
Several brokerages have raised their target prices on select stocks over the past month. According to Trendlyne data, Kotak Mahindra Bank, Bharti Airtel, Bandhan Bank, Federal Bank, and Marico have received up to Eight analysts' target price upgrades in the last month. Here is a list of these stocks:
Eight brokers have set an average target price of Rs 2,311 on Kotak Mahindra Bank, showing an upside potential of around 11% from the current market prices.
Six brokers have upgraded Marico’s target price, setting an average target of Rs 791, implying a 9% upside from current levels.
Five brokers have raised the target price for Bajaj Finance, with an average target of Rs 9,359, suggesting a 2% upside.
Five brokers have upgraded the target price of the Federal Bank. Brokers have set an average target price of Rs 225 on the stock, showing an upside potential of 12% from the current market prices.
Four brokers have upgraded DCB Bank, with an average target price of Rs 173, implying a 19% upside from current levels.
Four brokers have set an average target price of Rs 954 on SBI, showing an upside potential of around 20% from the current market prices.
Four brokers have set an average target price of Rs 187 on Bandhan Bank, indicating an upside potential of around 10% from the current market prices.
Four brokers have upgraded Bharti Airtel, with an average target price of Rs 1,969, implying a 6% upside from current levels.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
