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Phillip Securities Keeps Their Buy Rating on Cummins India Limited (CUMMINSIND)
Phillip Securities Keeps Their Buy Rating on Cummins India Limited (CUMMINSIND)

Business Insider

time2 days ago

  • Business
  • Business Insider

Phillip Securities Keeps Their Buy Rating on Cummins India Limited (CUMMINSIND)

In a report released yesterday, from Phillip Securities maintained a Buy rating on Cummins India Limited (CUMMINSIND – Research Report), with a price target of INR3,960.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: In addition to Phillip Securities, Cummins India Limited also received a Buy from Nomura's Umesh Raut in a report issued yesterday. However, on the same day, Jefferies maintained a Sell rating on Cummins India Limited (NSE: CUMMINSIND). Based on Cummins India Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR23.16 billion and a net profit of INR4.63 billion. In comparison, last year the company earned a revenue of INR21.85 billion and had a net profit of INR3.54 billion

New Buy Rating for Murata Manufacturing Co (MRAAF), the Technology Giant
New Buy Rating for Murata Manufacturing Co (MRAAF), the Technology Giant

Business Insider

time3 days ago

  • Business
  • Business Insider

New Buy Rating for Murata Manufacturing Co (MRAAF), the Technology Giant

In a report released today, Shingo Hirata from UBS maintained a Buy rating on Murata Manufacturing Co (MRAAF – Research Report), with a price target of Yen2,960.00. The company's shares closed yesterday at $13.54. Confident Investing Starts Here: According to TipRanks, Hirata is an analyst with an average return of -8.2% and a 33.33% success rate. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Murata Manufacturing Co with a $19.60 average price target. Based on Murata Manufacturing Co's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $411.86 billion and a net profit of $32.5 billion. In comparison, last year the company earned a revenue of $390.41 billion and had a net profit of $6.33 billion

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