3 days ago
Elara Securities downgrades Samvardhana Motherson International Limited (MOTHERSON) to a Sell
Elara Securities analyst Jay Kale downgraded Samvardhana Motherson International Limited (MOTHERSON – Research Report) to a Sell on May 30 and set a price target of INR129.00. The company's shares closed last Friday at INR153.12.
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According to TipRanks, Kale is a 2-star analyst with an average return of -1.7% and a 33.33% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Samvardhana Motherson International Limited with a INR154.67 average price target, which is a 1.01% upside from current levels. In a report released on May 30, Citi also maintained a Sell rating on the stock with a INR130.00 price target.
The company has a one-year high of INR217.00 and a one-year low of INR107.30. Currently, Samvardhana Motherson International Limited has an average volume of 1.09M.
