Investec Sticks to Their Buy Rating for Bajaj Auto Limited (BAJAJ.AUTO)
In a report released yesterday, Aditya Jhawar from Investec maintained a Buy rating on Bajaj Auto Limited (BAJAJ.AUTO – Research Report), with a price target of INR9,480.00. The company's shares closed last Friday at INR8,607.00.
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Jhawar covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Tata Motors Limited, and Eicher Motors Limited. According to TipRanks, Jhawar has an average return of 5.1% and a 68.18% success rate on recommended stocks.
In addition to Investec, Bajaj Auto Limited also received a Buy from CLSA's Basudeb Banerjee in a report issued on May 30. However, yesterday, UBS maintained a Sell rating on Bajaj Auto Limited (NSE: BAJAJ.AUTO).
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