Jefferies Recommends Siemens Energy as a Strong Buy
Jefferies has maintained its buy recommendation on Siemens Energy with a target price of Rs 3,500. Analysts highlight the company's robust solutions for power transmission, generation, and industrials, backed by eight factories in India. They project a 50% compounded annual EPS growth between 2024 and 2027, driven by a strong power capex pipeline and margin improvements.

Bank of America Securities Initiates Buy on The Leela
Bank of America Securities has initiated a buy on The Leela (Schloss Bangalore) with a target price of Rs 520. The analysts are optimistic about the hospitality company's growth initiatives, including the expansion of its iconic hotels portfolio, which is expected to sustain revenue and earnings momentum. The company's lower net debt is also seen as a positive factor.
JP Morgan Overweight on Hindustan Aeronautics
JP Morgan maintains its overweight rating on Hindustan Aeronautics with a target price of Rs 6,105. The firm's strong order book and significant pipeline provide clear visibility into future growth, making it an attractive investment.
Morgan Stanley's Equal-Weight on Tata Motors
Morgan Stanley has kept its equal-weight rating on Tata Motors with a target price of Rs 715. Despite some challenges, the company's high-margin models have improved to 77.2%, with expected EBITDA and EBIT margins of 11.4% and 5.9% respectively for JLR in the first quarter.
Citigroup Neutral on Titan
Citigroup rates Titan as neutral with a target price of Rs 3,800. The company has shown strong growth across its segments, with standalone domestic jewellery (ex-bullion) growing by 17% annually, and other segments like CaratLane and watches & wearables showing significant growth as well.
Disclaimer: The opinions and recommendations are from brokerage analysts and not reflective of The Times of India's views. Always consult a qualified advisor before making investment decisions.
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