Shares to Buy for Long Term: Domestic equity benchmarks Nifty 50 and Sensex have yet to reach their peaks of late September, with the 50-scrip index more than 1,500 points—or 5.7 per cent—below the mark. Many investors are once again on the lookout for fresh long-term opportunities on Dalal Street.
Here are a few stocks that analysts are upbeat about from a long-term perspective.
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1/14Geojit Financial Services has a 'buy' rating assigned to Astra Microwave Products shares with a target price of Rs 976.
As of December 13, the target implies a 17.2 per cent upside in the midcap stock.
2/14Geojit Financial Services has a 'buy' rating on Power Mech Projects shares with a target of Rs 3,330 apiece.
HDFC Securities has a 'buy' rating assigned to Aether Industries with a target price of Rs 1,140.
The brokerage's target price implies a potential upside of 25.5 per cent in the stock, as of December 11.
The midcap stock is part of the BSE 500 index.
4/14HDFC Securities has an 'add' rating on Metropolis Healthcare with a target price of Rs 2,370 apiece.
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5/14JM Financial has assigned a 'buy' rating to Juniper Hotels with a target price of Rs 450.
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6/14Axis Securities has a 'buy' call on Fortis Healthcare shares with a target price of Rs 860 apiece.
The largecap stock is part of the BSE 500 universe.
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7/14ICICI Securities has a 'buy' call on Zydus Lifesciences with a target price of Rs 1,150 per share.
As of December 11, the target implies a potential upside of 16.6 per cent in the largecap pharma stock.
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8/14Axis Securities has a 'buy' rating assigned to HCG shares with a target price of Rs 575 apiece.
As of December 11, the target suggests an upside of nearly 14 per cent in the midcap stock.
The HCG stock is part of the BSE Smallcap index.
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9/14JM Financial has a 'buy' call on Ceat Ltd with a target of Rs 3,500 per share.
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10/14JM Financial has a 'buy' call assigned to CarTrade Tech with a target price of Rs 1,655.
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11/14Sharekhan has a 'buy' rating assigned to Godrej Consumer Products with a target price of Rs 1,355 per share.
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12/14Sharekhan has a 'buy' call on Can Fin Homes with a target price of Rs 1,050 per share.
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13/14Sharekhan has a 'buy' rating on Bharat Electronics Ltd (BEL) shares with a target price of Rs 380 apiece.
The blue-chip stock is part of the Nifty50 barometer.
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14/14Geojit Financial Services has a 'buy' call on Britannia Industries with a target price of Rs 5,290.
The target suggests an upside of 8.2 per cent in the Nifty50 stock.
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