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Avenue Supermarts reports in-line Q1 results; what should investors do?
- Written by ZeeBiz WebTeam
Published: 8:39 AM, Jul 15, 2024| Updated: 8:41 AM, Jul 15, 2024
Global brokerages have revised their stance on Avenue Supermarts, the operator of the retail chain DMart after the company reported its Q1 results. Here is what brokerages recommend. (DISCLAIMER: The views and investment tips expressed by investment experts on zeebiz.com are their own and not those of the website or its management. zeebiz.com advises users to check with certified experts before taking any investment decisions.)
1/6
JPMorgan
1/6JPMorgan
The brokerage maintained an 'overweight' rating and gave a target of Rs 5,400 apiece.
2/6
Morgan Stanley
2/6Morgan Stanley
By maintaining an 'overweight' rating the brokerage raised the target to Rs 5,701 from Rs 5,123.
3/6
Macquarie
3/6Macquarie
The brokerage maintained an 'outperform' rating and raised the target to Rs 5,450 from Rs 5,150.
4/6
Jefferies
4/6Jefferies
Jefferies iterated a 'hold' rating on Avenue Supermarts and raised the target to Rs 4,600 from Rs 4,300.
5/6
Citi
5/6Citi
By maintaining a 'sell' rating, Citi raised the target to Rs 3,550 from Rs 3,400.
6/6
CLSA
6/6CLSA
JPMorgan maintained an 'overweight' rating and raised the target to Rs 3,550 from Rs 3,400 apiece.
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