SUMMARY
Brokerage Radar: Goldman Sachs, CLSA, Citi and Jefferies have a 'buy' call on shares of UltraTech Cement. Here is what these brokerage firms say about the cement maker -
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Goldman Sachs on UltraTech Cement | The brokerage firm has recently turned cautious on the cement sector with UltraTech Cement as the only 'buy'. Capacity expansion announcement confirms the company's leadership position and also points at consolidation of capacity share towards large producers, Goldman Sachs added.
2 / 4CLSA on UltraTech Cement | Companies with strong balance sheets and growth visibility are better placed, said CLSA which has a 'buy' call on UltraTech Cement.
3 / 4Citi on UltraTech Cement | Growth targets of large players could encourage mergers and acquisitions, said Citi. The brokerage firm has retained its 'buy' recommendation on shares of the cement maker with a target price of Rs 7,600.
4 / 4Jefferies on UltraTech Cement | The brokerage firm sees more headwinds for small midcap companies and expects more consolidation in the near to medium term. Jefferies has a 'buy' rating on the cement manufacturer.
