CLSA Revises Stance on 6 Real Estate Stocks: Know the Targets
Get updates on real estate stocks as CLSA revises its stance on Sobha, DLF, Macrotech Developers, Oberoi Realty, Prestige Estates Projects, and Sunteck Realty.
Real EstateStocksClsaInvestmentSobhaDlfMacrotech DevelopersOberoi RealtyPrestige Estates ProjectsSunteck RealtyReal Estate NewsJul 01, 2024
Sobha, a well-known real estate developer, has been upgraded to 'underperform' with a target of Rs 1,315 from Rs 1,279.
DLF, another prominent player in the real estate sector, has been upgraded to 'underperform' with a target of Rs 756.
Macrotech Developers, which has been making waves in the real estate sector, has been upgraded to 'underperform' with a target of Rs 705 apiece.
Oberoi Realty, a leading real estate company, has been upgraded to 'underperform' with a target of Rs 1,260.
Prestige Estates Projects, a prominent real estate developer, has been downgraded to 'outperform' with a target of Rs 2,320.
Sunteck Realty, a well-known real estate company, has been downgraded to 'outperform' with a target of Rs 553.
These revisions by CLSA are likely to have an impact on the real estate sector. It's essential for investors to stay updated on the latest developments and take informed investment decisions.
Information
CLSA is a global brokerage firm that provides investment research and analysis to investors. Its reports and recommendations are closely followed by market participants.
Sobha is a well-established real estate developer with a strong presence in India. DLF is another prominent real estate company with a diversified portfolio of projects. Macrotech Developers, Oberoi Realty, Prestige Estates Projects, and Sunteck Realty are also leading players in the real estate sector.
Frequently Asked Questions
What is CLSA's revised stance on Sobha?
CLSA has upgraded Sobha to 'underperform' with a target of Rs 1,315 from Rs 1,279.
What is the target price for DLF?
CLSA has upgraded DLF to 'underperform' with a target of Rs 756.
What is the revised rating for Macrotech Developers?
CLSA has upgraded Macrotech Developers to 'underperform' with a target of Rs 705 apiece.
What is the target price for Oberoi Realty?
CLSA has upgraded Oberoi Realty to 'underperform' with a target of Rs 1,260.
What is the revised rating for Prestige Estates Projects?
CLSA has downgraded Prestige Estates Projects to 'outperform' with a target of Rs 2,320.
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