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Larsen and Toubro, City Union Bank: Wednesday's top brokerage calls

Larsen and Toubro, City Union Bank: Wednesday's top brokerage calls

Larsen and Toubro, City Union Bank: Wednesday's top brokerage calls
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By Sangam Singh  Dec 21, 2022 8:35:34 AM IST (Published)

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SUMMARY

JPMorgan has an 'overweight' call on the shares of Larsen and Toubro with a target price of Rs 2,200 on its shares while Investec has an 'buy' call on the shares of City Union Bank with a target price of Rs 240 on its shares.

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Larsen and Toubro | JPMorgan has an 'overweight' call on the shares of Larsen and Toubro with a target price of Rs 2,200 on its shares. The brokerage house says that company's assets have a negligible contribution to its profit and loss(P&L).

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Larsen and Toubro | Jefferies has a 'buy' call on the shares of Larsen and Toubro with a target price of Rs 2,455 on its shares. The brokerage house says that company's Q3 order flow expectation is ₹54,400 crores.

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City Union Bank | Investec has a 'buy' call on the shares of City Union Bank with a target price of Rs 240 on its shares. The brokerage house says that bank has enough headroom to provide and meet its estimates for FY23.

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