zomato: Scorching Shares: International brokerages on Glenmark Life, Zomato and Hindustan Unilever

International brokerage agency BofA Securities maintained a purchase on , Jefferies retained a purchase on , and JPMorgan maintained an obese ranking on Hindustan Unilever.

We’ve got collated a listing of suggestions from high brokerage companies from ET NOW and different sources:

BofA Securities on Glenmark Life: Purchase| Goal Rs 560

BofA Securities maintained a purchase ranking on Glenmark Life with a goal value of Rs 560. Sustainable development drivers are in focus.

Diversifying buyer base by means of new addition and going ahead portfolio growth is the important thing to offset value strain, it mentioned.

“CDMO is the following development lever. Together with that capability, growth is more likely to help development,” mentioned the word.

Jefferies on Zomato: Purchase| Goal Rs 100

Jefferies maintained a purchase ranking on Zomato with a goal value of Rs 100. Zomato has seen a latest senior administration departure. The administration should now stability the expansion & margins, mentioned Jefferies.

JPMorgan on Hindustan Unilever: Chubby| Goal Rs 2,800

JPMorgan maintained an obese ranking on Hindustan Unilever with a goal of Rs 2,800. The innovation focus goes premium and digital.

“The near-term outlook is of cautious optimism. Residence care, hair care and tea stay the star performers,” mentioned the word.

Modest margins growth to assist double-digit EPS development, it mentioned, including that there’s a vital give attention to attaining best-in-class ESG metrics.

(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t signify the views of Financial Occasions)