Jefferies Reaffirms Their Buy Rating on InterGlobe Aviation Ltd (INDIGO)
Jefferies analyst Prateek Kumar maintained a Buy rating on InterGlobe Aviation Ltd (INDIGO – Research Report) today and set a price target of INR6,300.00. The company's shares closed yesterday at INR5,330.00.
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According to TipRanks, Kumar is a 3-star analyst with an average return of 3.9% and a 70.00% success rate. Kumar covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd..
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for InterGlobe Aviation Ltd with a INR5,589.17 average price target, representing a 4.86% upside. In a report released on May 22, J.P. Morgan also maintained a Buy rating on the stock with a INR5,835.00 price target.
The company has a one-year high of INR5,665.65 and a one-year low of INR3,778.50. Currently, InterGlobe Aviation Ltd has an average volume of 35K.
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