01-06-2025
Citi Remains a Sell on Samvardhana Motherson International Limited (MOTHERSON)
In a report released on May 30, Arvind Sharma from Citi maintained a Sell rating on Samvardhana Motherson International Limited (MOTHERSON – Research Report), with a price target of INR130.00. The company's shares closed last Friday at INR153.12.
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According to TipRanks, Sharma is a 3-star analyst with an average return of 2.7% and a 54.17% success rate. Sharma covers the Consumer Cyclical sector, focusing on stocks such as Eicher Motors Limited, Exide Industries Limited, and Hero Motocorp Limited.
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, implying a 1.01% upside from current levels. In a report released on May 30, Elara Securities also downgraded the stock to a Sell with a INR129.00 price target.
