Buy, Sell, Hold: 7 Stocks That To Watch Out For Your Portfolio

Here are 7 stocks that analysts are watching out today. 

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Tata Communication 

Motilal Oswal recommends buying with a target of Rs 778 per share. It seems healthy 10 percent CAGR in data revenue over FY16-19 and expects 490 basis points expansion in core EBITDA margin over FY16-19. 

Cement companies 

Jefferies expects cement demand to recover in FY18/19 as it sees improvement in realization as capacity. It initiates call on Dalmia Bharat with buy and target of Rs 2227 per share. It has underperformed rating on ACC   and Ambuja with a target of Rs 1174 and Rs 187 per share. It has the hold rating on India Cements with target at Rs 129 per share and JK Lakshmi with the target at Rs 386 per share. It has the hold rating on Ramco Cements with target at Rs 603 per share, hold rating on Shree Cement with the target at Rs 14791 and hold rating on UltraTech with the target at Rs 3349 per share.

Coal India   

Credit Suisse maintains outperform with target unchanged at Rs 395 per share as auction premiums rise further in December. It says coking coal price hike should help offset some of the cost pressures.

Vedanta   

Macquarie reiterates outperform with target increased to Rs 320 from Rs 270 per share expecting the Cairn merger to be completed in Q2FY18. It says access to USD 3.5 billion cash of Cairn should address leverage issues. Regulatory approvals for cairn merger and earnings upgrades key catalysts. 

Hindalco   

Macquarie has outperformed call on the stock with the target at Rs 230 per share as cost inflation drives 6-8 percent. It estimates the company to generate 12-18 percent free cash flow in FY17-19.

  

Nalco 

Macquarie has downgraded to neutral from outperform rating with target increased to Rs 72 from Rs 60 per share as improving fundamentals underpin prices.

Hindustan Zinc   

Macquarie reiterate outperform call with target increased to Rs 310 from Rs 290 per share. It says the company may get back on the growth path with over 2 percent annual volumes in FY18. Jubilant FoodWorks Citi retains sell call with target cut to Rs 790 from Rs 945 per share as revenue outlook subdued. It says course correction could take time and execution is crucial.