By Admin 
Brokerage Buy Rating Stocks: The sharp decline in the stock market in recent times has increased the concern of investors. Experts are constantly talking about trading with caution. However, some opportunities are also being reported for long-term investors.
Global brokerage houses and domestic brokerage firms have given buy ratings to select stocks. Also, a rise of 10 to 26 percent is expected in these shares from the current level. Let us know about these selected shares…..
LG Electronics India Share
Global brokerage firm Goldman Sachs has shown a positive attitude regarding LG Electronics India. The firm has set a target price of Rs 1750 for the company shares. Which shows an increase of about 10 percent from the current price of shares.
According to the firm, the company is performing well in the household products and electronic sectors. The firm hopes that due to increasing demand in the coming time, the company will grow rapidly.
Lloyds Metals and Energy Share
Global brokerage Nomura has adopted a positive stance regarding metal sector company Lloyds Metals and Energy. The firm started the coverage with ‘Buy’ rating and set a target of Rs 1600 per share. Which shows an increase of about 26.5 percent from the current price.
The brokerage says that the company has low-cost iron ore reserves, which will be available till 2057. The company does the entire work from mining to iron making itself. Due to which the possibility of excessive fluctuations in business is reduced. The firm estimates that by FY28 the company’s EBITDA may grow at a CAGR rate of about 77 percent.
Amber Enterprises India Share
Domestic brokerage firm Geojit Investments has started coverage on Amber Enterprises India. Giving Boy rating to the company shares in the firm, the target price has been fixed at Rs 9156 per share. Which shows an increase of about 15 percent from the current share prices.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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