• SENSEX
    NIFTY 50
Market

Monday's top brokerage calls: Nestle, JSW Steel and more

Updated : 2020-10-26 08:53:48

Among brokerages, HSBC and CLSA maintained 'buy' calls on Nestle after its September quarter earnings while Credit Suisse downgraded JSW Steel to 'neutral' from 'outperform' but raised its target to Rs 300 per share from Rs 200 earlier. Here are the top brokerage calls for the day:

 HSBC on Nestle:  The brokerage maintains a 'buy' call on the stock with a target at Rs 20,000 per share. It says the company is better positioned for post-COVID-era on its health and nutrition focus and innovation-led growth.
HSBC on Nestle: The brokerage maintains a 'buy' call on the stock with a target at Rs 20,000 per share. It says the company is better positioned for post-COVID-era on its health and nutrition focus and innovation-led growth.
 CLSA on Nestle:  The brokerage upgraded the stock to 'outperform' from 'sell' with a target at Rs 17,650 per share. It said that the concerns are fading as the firm regained double-digit growth momentum.
CLSA on Nestle: The brokerage upgraded the stock to 'outperform' from 'sell' with a target at Rs 17,650 per share. It said that the concerns are fading as the firm regained double-digit growth momentum.
 Nomura on Nestle:  The brokerage upgraded the stock to 'buy' with a target at Rs 18,925 per share. Massive capex of Rs 2,600 crore will drive innovation.
Nomura on Nestle: The brokerage upgraded the stock to 'buy' with a target at Rs 18,925 per share. Massive capex of Rs 2,600 crore will drive innovation.
 Credit Suisse on JSW Steel:  The brokerage downgraded the stock to 'neutral' from 'outperform' but raised its target to Rs 300 per share from Rs 200 earlier. It added that it does not see risk-reward favourable anymore.
Credit Suisse on JSW Steel: The brokerage downgraded the stock to 'neutral' from 'outperform' but raised its target to Rs 300 per share from Rs 200 earlier. It added that it does not see risk-reward favourable anymore.
 CLSA on JSW Steel:  The brokerage maintains a 'sell' call on the stock but has raised the target price to Rs 245 per share from Rs 220 earlier. It expects the margin to peak in Q3 and then taper down.
CLSA on JSW Steel: The brokerage maintains a 'sell' call on the stock but has raised the target price to Rs 245 per share from Rs 220 earlier. It expects the margin to peak in Q3 and then taper down.
 Jefferies on JSW Steel:  The brokerage maintains a 'buy' call on the stock with a target at Rs 380 per share. It upgraded the company's FY21-23 EPS estimates by 10-69 percent.
Jefferies on JSW Steel: The brokerage maintains a 'buy' call on the stock with a target at Rs 380 per share. It upgraded the company's FY21-23 EPS estimates by 10-69 percent.
 Jefferies on L&T:  The brokerage maintains a 'buy' call on the stock with a target at Rs 1,280 per share. It added that capital allocation has been a concern.
Jefferies on L&T: The brokerage maintains a 'buy' call on the stock with a target at Rs 1,280 per share. It added that capital allocation has been a concern.
Live TV

recommended for you

Ask Our Experts CNBC TV18

Advertisement