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Investment strategies: 2 'must have' stocks in your portfolio

Bank of America Merrill Lynch reiterates buy call on Lupin with target at Rs 1950 per share as Shionogi portfolio acquisition marks entry into Japanese branded market.

August 03, 2016 / 08:37 AM IST
 
 
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Here are brokerage firms views for three stocksVoltasCredit Suisse retains outperform with target at Rs 390 per share as AC growth is slightly ahead of industry. Its Q1margins are very strong with market share concentration positive. Nomura retains neutral call with target at Rs 320 per share. LupinBank of America Merrill Lynch reiterates buy call, target at Rs 1950 per share as Shionogi portfolio acquisition marks entry into Japanese branded market. Nomura retains buy call with target at Rs 1873 per share stating that it should become the sixth-largest generic company in Japan now. A key risk is a sales decline for the acquired portfolio. Morgan Stanley is overweight with target at Rs 1986 per share with a view that acquisition would add roughly 45 percent in sales to its Japan portfolio.

BHELCredit Suisse retains underperform; with target price at Rs 100 per share. It has change FY17-19 EPS by 31 percent for  lower execution on weak book.

first published: Aug 3, 2016 08:19 am

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