
Hero Motocorp Limited (HEROMOTOCO) Gets a Sell from Jefferies
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Mangal covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Hero Motocorp Limited, and Hyundai Motor India Limited. According to TipRanks, Mangal has an average return of 0.7% and a 54.29% success rate on recommended stocks.
Hero Motocorp Limited has an analyst consensus of Hold, with a price target consensus of INR4,251.42, implying a -7.57% downside from current levels. In a report released on August 8, Kotak Mahindra also maintained a Sell rating on the stock with a INR3,575.00 price target.
Based on Hero Motocorp Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR102.6 billion and a net profit of INR11.08 billion. In comparison, last year the company earned a revenue of INR97.88 billion and had a net profit of INR10.93 billion
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