top stokcs: Hot Stocks: This global brokerage firm sees 20-30% return in ICICI Bank and M&M Finance
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Morgan Stanley on ICICI Bank: Overweight | Target Rs 1250 | LTP Rs 930 | Upside 34%
Morgan Stanley maintained an overweight rating on ICICI Bank with a target price of Rs 1250. The global investment bank sees further room to improve market share in higher-margin segments.
It expects a significant shift towards end-to-end digital originations. “We believe ICICI Bank should graduate to a compounding machine,” said the note. It foresees continued re-rating over the next few years.
Morgan Stanley on M&M Finance: Overweight | Target Rs 275 | LTP Rs 229 | Upside 20%
Morgan Stanley maintained an overweight rating on M&M Finance with a target price of Rs 275. The company reported strong numbers and improved visibility in its November update.
Disbursements and loan growth saw a steady rise, and the global investment bank sees continued upgrades in near future. Collection efficiency in November rose on a MoM and YoY basis which is a positive sign, it said.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
