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Colgate, Paytm, Yes Bank: Wednesday's top brokerage calls

Colgate, Paytm, Yes Bank: Wednesday's top brokerage calls

Colgate, Paytm, Yes Bank: Wednesday's top brokerage calls
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By Sangam Singh  Dec 14, 2022 8:53:51 AM IST (Published)

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SUMMARY

CITI has a 'sell' call on the shares of Colgate with a target price of Rs 1,650 on its shares while Nomura has a 'Neutral' call on the shares of Colgate with a target price of Rs 1,600 on its shares.

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Colgate | CITI has a 'sell' call on the shares of Colgate with a target price of Rs 1,650 on its shares. The brokerage house says that focus of the company is on driving revenue growth through a two-pronged strategy.

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Colgate | Nomura has a 'Neutral' call on the shares of Colgate with a target price of Rs 1,600 on its shares. The brokerage house says that the company will look to scale up personal care business

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Yes Bank | Morgan Stanley has an 'underweight' call on the shares of Yes Bank with a target price of Rs 20 on its shares. The brokerage house says that it expects a strong Return on Assets (RoA) improvement to 1 percent by FY25.

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Paytm | Morgan Stanley has an 'equal-weight' call on the shares of Paytm with a target price of Rs 695 on its shares. The brokerage house says that cash position of the company has been strong at Rs 9,180 crore as of September 2022

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