3 days ago
New Sell Rating for Srf Limited (SRF), the Basic Materials Giant
Jefferies analyst Bhaskar Chakraborty maintained a Sell rating on Srf Limited on July 25 and set a price target of INR2,640.00. The company's shares closed last Friday at INR3,040.80.
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According to TipRanks, Chakraborty is a 3-star analyst with an average return of 3.7% and a 61.76% success rate. Chakraborty covers the Energy sector, focusing on stocks such as Reliance Industries Limited, GAIL (India) Limited, and Bharat Petroleum Corporation Limited.
The word on The Street in general, suggests a Strong Sell analyst consensus rating for Srf Limited with a INR2,464.17 average price target, a -18.96% downside from current levels. In a report released on July 25, ICICI Securities also downgraded the stock to a Sell with a INR2,770.00 price target.
