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Macquarie downgrades Bajaj Auto Limited (BAJAJ.AUTO) to a Hold
Macquarie downgrades Bajaj Auto Limited (BAJAJ.AUTO) to a Hold

Business Insider

time3 days ago

  • Automotive
  • Business Insider

Macquarie downgrades Bajaj Auto Limited (BAJAJ.AUTO) to a Hold

Bajaj Auto Limited ( – Research Report) received a Hold rating and an INR8,811.00 price target from Macquarie analyst Ashish Jain CFA yesterday. The company's shares closed yesterday at INR8,607.00. 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, Jain CFA is ranked #5087 out of 9552 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bajaj Auto Limited with a INR9,161.00 average price target, a 6.44% upside from current levels. In a report released today, Nomura also maintained a Hold rating on the stock with a INR10,020.00 price target.

Nomura Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)
Nomura Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)

Business Insider

time3 days ago

  • Automotive
  • Business Insider

Nomura Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)

Nomura analyst Kapil Singh maintained a Hold rating on Bajaj Auto Limited ( – Research Report) today and set a price target of INR10,020.00. The company's shares closed yesterday at INR8,607.00. Confident Investing Starts Here: According to TipRanks, Singh is a 3-star analyst with an average return of 6.0% and a 66.67% success rate. Singh covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Eicher Motors Limited, and Exide Industries Limited. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bajaj Auto Limited with a INR9,161.00 average price target, which is a 6.44% upside from current levels. In a report released yesterday, Macquarie also downgraded the stock to a Hold with a INR8,811.00 price target.

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