Wednesday, November 2, 2016

Morgan Stanley has Rated Various Stocks

ICICI BANK: Morgan Stanley has equal-weight rating with target increased by 4 percent to Rs 266 per share on given higher life insurance valuations

ICICI PRUDENTIAL LIFE INSURANCE: Morgan Stanley has initiated coverage with overweight rating and target at Rs 365 per share. It says the stock will see a multi-year improvement in profitability

SBI: Morgan Stanley has underweight rating on the stock with target at  Rs 200 per share stating that credit costs may decline but revenue  likely to stay lower for longer. It estimates return on equity (ROE) at 5.9 percent in FY17 and 6.4 percent in FY18 versus 7.7 percent in FY16.


BAJAJ AUTO: Morgan Stanley has underweight rating with target  at Rs 2374 per share as it is facing long-term challenges across  all three key businesses. It sees 19 percent H2FY17 growth for domestic  motorcycles on a low base.


COAL INDIA: Nomura has buy rating on the stock with target unchanged at Rs 345 per share 
Read more at: http://www.moneycontrol.com

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