HUL, Britannia, D-Mart targets raised by HSBC; should you buy, sell or hold FMCG stocks?
FMCG stocks to buy: Global brokerage HSBC has raised target prices on FMCG stocks—HUL, Britannia, and D-Mart while the brokerage has trimmed target price for Marico. Check out the target prices:
HUL share price target
HUL share price target HSBC upgraded the Hindustan Unilever stock to hold from underperform. The brokerage has raised the target to Rs 2,360 from Rs 2,350 on FMCG major.
D-Mart share price target
D-Mart share price target HSBC has maintained a buy call with a raised target of Rs 5,330 from Rs 5,030 earlier on D-Mart, a retail chain which is operated by Avenue Supermarts.
Britannia share price target
Britannia share price target HSBC has retained a hold call on Britannia Industries. The brokerage has raised the target to Rs 4,750 from Rs 4,700.
Marico share price target
Marico share price target HSBC has continued with a buy call on Marico. The brokerage has reduced target on the Mumbai-headquartered FMCG company to Rs 580 from Rs 610 earlier.