03-08-2025
New Buy Rating for ACC Limited (ACC), the Basic Materials Giant
In a report released on August 1, Prateek Kumar from Jefferies maintained a Buy rating on ACC Limited, with a price target of INR2,170.00. The company's shares closed last Friday at INR1,794.60.
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According to TipRanks, Kumar is a 3-star analyst with an average return of 8.6% and a 65.38% success rate. Kumar covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd..
In addition to Jefferies, ACC Limited also received a Buy from J.P. Morgan's Sanjay Mookim in a report issued on July 25. However, on July 24, Morgan Stanley maintained a Sell rating on ACC Limited (NSE: ACC).
