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PNB, Bharti Airtel, HDFC Bank, Bank of India: Tuesday's top brokerage calls

PNB, Bharti Airtel, HDFC Bank, Bank of India: Tuesday's top brokerage calls
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By Sangam Singh  Dec 6, 2022 8:41:54 AM IST (Published)

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SUMMARY

Goldman Sachs has a 'buy' call on shares of Bharti Airtel with a target price of Rs 880 on its shares while UBS has a 'buy' call on shares of HDFC Bank with a target price of Rs 1,900 on its shares.

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Bharti Airtel | Goldman Sachs has a 'buy' call on the shares of Bharti Airtel with a target price of Rs 880 on its shares. The brokerage house believes that the company's comments on subscribers and market share won’t impact potential tariff hikes in the near term.

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HDFC Bank | UBS has a 'buy' call on shares of HDFC Bank with a target price of Rs 1,900 on its shares. The brokerage house says that merger-related concerns have reduced in the last six months.

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PSU Banks | Morgan Stanely has an 'equal-weight' call on shares of PNB with a target price of Rs 60 on its shares, whereas 'overweight' for Bank of India with a target price of Rs 125 on its shares. The brokerage house says that state-owned enterprise has done well and expects continued strong performance.

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