Brokerage Radar: Morgan Stanley has an 'overweight' rating on AU Small Finance's stock while Jefferies says 'buy' Thermax shares. Here are top brokerage calls for the day:
Brokerage Radar: Morgan Stanley has an 'overweight' rating on AU Small Finance's stock while Jefferies says 'buy' Thermax shares. Here are top brokerage calls for the day:
Nomura on Colgate | The brokerage firm says 'buy' Colgate with a target price of R 1,700. However, Nomura remains cautious about the growth prospect of the company in the medium term.
Morgan Stanley on AU Small Finance Bank | The management sounded confident on growth, spreads and asset quality, Morgan Stanley pointed out. The brokerage firm has an 'overweight' rating on the stock.
Jefferies on Thermax | According to the brokerage firm, a change in business model of Thermax points to strong earnings recovery. Jefferies has maintained its 'buy' recommendation on the stock.