Jefferies Remains a Buy on Honasa Consumer Limited (HONASA)
In a report released on May 23, Vivek Maheshwari from Jefferies maintained a Buy rating on Honasa Consumer Limited (HONASA – Research Report), with a price target of INR400.00. The company's shares closed last Friday at INR329.25.
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According to TipRanks, Maheshwari is a 2-star analyst with an average return of 1.1% and a 52.17% success rate.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Honasa Consumer Limited with a INR228.00 average price target.
Based on Honasa Consumer Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR5.54 billion and a net profit of INR402.59 million. In comparison, last year the company earned a revenue of INR4.64 billion and had a net profit of INR259.62 million
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