Should you buy Larsen and Toubro, ICICI Lombard, Cummins, Siemens, other stocks today? Here is what brokerages recommend
As Dalal Street enters the April 18 session, brokerages have several stocks on their radar. Here's what CLSA, Macquarie, Goldman Sachs, Jefferies, HSBC, Morgan Stanley, Citi and Nomura make of stocks such as Larsent and Toubro (L&T), ICICI Lombard, Cummins India and Siemens:
ICICI Lombard Stock
ICICI Lombard share price target: Two brokerages, CLSA and Macquarie have an 'underperform' rating on the ICICI Lombard stock with a target of Rs 1,760 and Rs 1,100, respectively. While Morgan Stanley has an 'overweight' rating on the stock with a target of Rs 1,875. Goldman Sachs has a 'neutral' rating on ICICI Lombard shares with a target of Rs 1,630. Two brokerages, Jefferies and HSBC have a 'buy' call on ICICI Lombard with a target of Rs 1,950 and Rs 1,990, respectively.
ABB India Stock
ABB share price target: Nomura has a 'neutral' rating on the ABB India stock with a target of Rs 6,660.
Larsen and Toubro Stock
L&T share price target: Nomura has a 'buy' call on the Larsen and Toubro (L&T) stock with a target of Rs 4,230.
Cummins India Stock
Cummins share price target: Nomura has a 'neutral' rating on the Cummins India stock with a target of Rs 3,040.
Siemens Stock
Siemens share price target: Nomura has an 'underperform' rating on the Siemens stock with a target of Rs 3,960.
LTIMindtree Stock
LTIMindtree share price target: Macquarie has maintained an 'outperform' rating on the LTIMindtree stock with a target of Rs 6,250.
Star Health & Allied Insurance Stock
Citi has maintained a 'sell' call on the Star Health & Allied Insurance stock with a target of Rs 545.
ONGC Stock
ONGC share price target: Morgan Stanley has maintained an 'overweight' rating on the Oil and Natural Gas Corporation (ONGC) with a target of Rs 304.
Delhivery Stock
Delhivery share price target: Macquarie has maintained an 'outpeform' rating on the Delhivery stock with a target of Rs 560.