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Cummins India Limited (CUMMINSIND) Gets a Sell from Goldman Sachs
Cummins India Limited (CUMMINSIND) Gets a Sell from Goldman Sachs

Business Insider

time3 days ago

  • Business
  • Business Insider

Cummins India Limited (CUMMINSIND) Gets a Sell from Goldman Sachs

Goldman Sachs analyst Pulkit Patni maintained a Sell rating on Cummins India Limited (CUMMINSIND – Research Report) on May 29 and set a price target of INR2,690.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: According to TipRanks, Patni is a 2-star analyst with an average return of 1.6% and a 50.00% success rate. Patni 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 Sell analyst consensus rating for Cummins India Limited with a INR2,510.00 average price target, implying a -23.20% downside from current levels. In a report released yesterday, Jefferies also maintained a Sell rating on the stock with a INR2,405.00 price target.

Cummins India Limited (CUMMINSIND) Gets a Sell from Jefferies
Cummins India Limited (CUMMINSIND) Gets a Sell from Jefferies

Business Insider

time3 days ago

  • Business
  • Business Insider

Cummins India Limited (CUMMINSIND) Gets a Sell from Jefferies

Jefferies analyst Lavina Quadros maintained a Sell rating on Cummins India Limited (CUMMINSIND – Research Report) yesterday and set a price target of INR2,405.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Quadros is ranked #2625 out of 9553 analysts. In addition to Jefferies, Cummins India Limited also received a Sell from Bank of America Securities's Amish Shah in a report issued yesterday. However, on the same day, Nomura maintained a Buy rating on Cummins India Limited (NSE: CUMMINSIND).

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