Goldman Sachs Sticks to Its Buy Rating for Bajaj Auto Limited (BAJAJ.AUTO)
Goldman Sachs analyst Chandramouli Muthiah maintained a Buy rating on Bajaj Auto Limited (BAJAJ.AUTO – Research Report) on May 29 and set a price target of INR9,600.00. The company's shares closed last Friday at INR8,607.00.
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Muthiah covers the Consumer Cyclical sector, focusing on stocks such as Ola Electric Mobility Limited, Bajaj Auto Limited, and Hero Motocorp Limited. According to TipRanks, Muthiah has an average return of -2.3% and a 41.67% success rate on recommended stocks.
In addition to Goldman Sachs, Bajaj Auto Limited also received a Buy from Investec's Aditya Jhawar in a report issued yesterday. However, on the same day, UBS maintained a Sell rating on Bajaj Auto Limited (NSE: BAJAJ.AUTO).
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