Wednesday's top brokerage calls: Jubilant Food and LIC Housing

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Credit Suisse on Jubilant Food: The brokerage is 'neutral' on the stock with a target of Rs 2,900 per share. It said that margin upsides for Jubilant Food were unlikely hereon.

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UBS on Jubilant Food: The brokerage maintains a 'neutral' call on the stock with a target at Rs 3,000 per share. Growth drivers are in place for Jubilant Food, but execution will be the key, said the brokerage.

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CLSA on Jubilant Food: The brokerage maintains an 'outperform' rating on the stock with a target at Rs 3,300 per share. CLSA sees an earnings growth of 6-9 percent for Jubilant Food over FY22-23, and said the company is geared to leverage the market opportunity.

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Morgan Stanley on Jubilant Food: The brokerage maintains an 'overweight' call on the stock with a target at Rs 3,236 per share. It is constructive on the company's medium-term scaling strategy.

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JPMorgan on Jubilant Food: The brokerage is 'overweight' on the stock and raised the target to Rs 3,425 per share from Rs 3,030 earlier. Positive growth supports premium multiples for Jubilant Food, said the brokerage.

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Macquarie on LIC Housing: The brokerage maintains an 'outperform' call on the stock with a target at Rs 600 per share. Capital raise is a welcome move for LIC Housing; growth seems to be making a comeback, said the brokerage.

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CLSA on LIC Housing: The brokerage maintains a 'buy' call on inexpensive valuation with a target at Rs 700 per share. LIC Housing’s asset quality a key negative surprise, CLSA said.