PSU Stocks to Buy: 12 scrips priced under Rs 850 that analysts are bullish on—See full list
PSU Stocks to Buy for Long Term, Fundamental PSU Stock Picks: Are you looking to add quality PSU stocks to your Dalal Street portfolio? Here is a list of a dozen stocks that analysts like from a fundamental perspective.
Are you looking for quality PSU stocks to buy for your investment portfolio? Here are 12 stocks that analysts from various brokerages are upbeat about along with their targets. Priced between a broad range starting at Rs 93 to Rs 791, these stocks have ‘buy’ ratings by a number of brokerages. Their target prices, ranging from Rs 125 to Rs 1,040, suggest potential gains of 7-40 per cent from the previous close (March 21). Read on to learn about these fundamental PSU stock picks in detail.
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Which 12 stocks has fundamental analysts excited?
The stocks are:
REC
PNB
LIC
SBI
Power Grid
IOC
PFC
GAIL
BEL
Bank of Baroda
ONGC
NTPC
Looking for PSU stocks to buy from a fundamental view? See how Sharekhan rates SBI
Sharekhan has a ‘buy’ call assigned to SBI Shares with a target price of Rs 980.
At Friday’s closing price, the brokerage’s target implies a potential upside of more than 30 per cent in the PSU bank stock.
Need fundamental PSU stock picks? See how brokerage views PFC
Motilal Oswal Financial Services has a ‘buy’ rating assigned to Power Finance Corp shares with a target of Rs 475.
The brokerage’s target suggests an upside of nearly 17 per cent in the PSU stock.
Need fundamental PSU stock picks? See how brokerage views LIC
ICICI Securities has a ‘buy’ rating on Life Insurance Corporation shares with a target of Rs 1,040.
The target suggests an upside of 31 per cent from the March 21 closing price.
Need fundamental PSU stock picks? See how brokerage views NTPC
Sharekhan has a ‘buy’ rating on the NTPC stock with a target of Rs 374, which suggests an upside of 6.5 per cent from the previous close.
Need fundamental PSU stock picks? See how brokerage views ONGC
Geojit Financial Services recommends buying ONGC shares for a target price of Rs 261. The target implies an upside of 7.6 per cent from the previous close.
Need fundamental PSU stock picks? See how brokerage views Power Grid
ICICI Securities has a ‘buy’ rating assigned to Power Grid shares with a target price of Rs 361.
Looking for fundamental PSU stock picks? See how brokerage views BEL
Geojit Financial Services has a ‘buy’ call on Bharat Electronics shares with a target price of Rs 324, which implies an upside of nearly 10 per cent.
Looking for fundamental PSU stock picks? See how brokerage rates PNB
Motilal Oswal Financial Services has a ‘buy’ rating assigned to Punjab National Bank shares with a target price of Rs 125.
The brokerage’s target suggests a potential upside of more than 34 per cent.
Looking for fundamental PSU stock picks? See how brokerage rates IOC
Emkay Global Financial Services has a ‘buy’ rating on Indian Oil Corporation shares with a target price of Rs 160. The target implies a potential gain of 21.7 per cent.
Looking for fundamental PSU stock picks? See how brokerage views GAIL
Motilal Oswal Financial Services has a ‘buy’ call on GAIL shares with a target of Rs 195, which implies an upside of 11.6 per cent.
Looking for fundamental PSU stock picks? See how brokerage views Bank of Baroda
Geojit Financial Services has a ‘buy’ rating on Bank of Baroda shares with a target price of Rs 237.
The target implies an upside of 9.4 per cent from the previous close.
Looking for fundamental PSU stock picks? See how brokerage rates REC
Emkay Global Financial Services has a ‘buy’ call on REC shares with a target of Rs 600, which suggests an upside of 39.9 per cent from the previous close.
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