Citi Remains a Sell on Samvardhana Motherson International Limited (MOTHERSON)


Citi Remains a Sell on Samvardhana Motherson International Limited (MOTHERSON)

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According to TipRanks, Sharma is a 3-star analyst with an average return of 2.7% and a 54.17% success rate. Sharma covers the Consumer Cyclical sector, focusing on stocks such as Eicher Motors Limited, Exide Industries Limited, and Hero Motocorp Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Samvardhana Motherson International Limited with a INR154.67 average price target, implying a 1.01% upside from current levels. In a report released on May 30, Elara Securities also downgraded the stock to a Sell with a INR129.00 price target.

Based on Samvardhana Motherson International Limited's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of INR276.68 billion and a net profit of INR8.8 billion. In comparison, last year the company earned a revenue of INR232.94 billion and had a net profit of INR2.02 billion

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