4 days ago
Jefferies Remains a Buy on Samvardhana Motherson International Limited (MOTHERSON)
Jefferies analyst Nitij Mangal maintained a Buy rating on Samvardhana Motherson International Limited (MOTHERSON – Research Report) on May 30 and set a price target of INR180.00. The company's shares closed last Friday at INR153.12.
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Mangal covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Hero Motocorp Limited, and TVS Motor Company Limited. According to TipRanks, Mangal has an average return of 0.1% and a 43.33% success rate on recommended stocks.
In addition to Jefferies, Samvardhana Motherson International Limited also received a Buy from CLSA's Basudeb Banerjee in a report issued on May 30. However, yesterday, Investec maintained a Hold rating on Samvardhana Motherson International Limited (NSE: MOTHERSON).
