2 days ago
Cipla Ltd (CIPLA) Receives a Sell from Bank of America Securities
Bank of America Securities analyst Neha Manpuria maintained a Sell rating on Cipla Ltd today and set a price target of INR1,500.00. The company's shares closed last Friday at INR1,535.00.
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Manpuria covers the Healthcare sector, focusing on stocks such as Cipla Ltd, Aurobindo Pharma Ltd, and Divi's Laboratories Limited. According to TipRanks, Manpuria has an average return of 5.1% and a 41.67% success rate on recommended stocks.
Cipla Ltd has an analyst consensus of Hold, with a price target consensus of INR1,587.50, implying a 3.42% upside from current levels. In a report released on July 15, Goldman Sachs also maintained a Sell rating on the stock with a INR1,350.00 price target.
The company has a one-year high of INR1,702.00 and a one-year low of INR1,310.05. Currently, Cipla Ltd has an average volume of 60.92K.