Metro brands gets thumbs up from Goldman Sachs, Bata on watch
The Business Guardian|March 23, 2024
Goldman Sachs recently initiated coverage on Indian footwear companies Metro Brands Ltd and Bata India Ltd, expressing optimism about their growth prospects. c
Metro brands gets thumbs up from Goldman Sachs, Bata on watch

The investment firm recommended a "Buy" rating for Metro Brands and a "Neutral" call for Bata India.

Goldman Sachs set the target price for Metro Brands at Rs 1,450, suggesting a potential upside of 29 percent from the stock's closing price of Rs 1,125 on March 21. For Bata India, the target price of Rs 1,470 indicates a 7 percent increase.

Metro Brands has observed a modest gain of over 3 percent over the past six months, while Bata India has experienced a decline of 16 percent. In contrast, the benchmark Nifty 50 index gained 12 percent during the same period.

この蚘事は The Business Guardian の March 23, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は The Business Guardian の March 23, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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