Analyst reports released this week were on the bullish side with them projecting bull case targets for up to 75% in stocks. Some underperforming stocks saw marquee investors check-in, while some stocks were “ready to take off” as per some analysts.<\/p>\n
Here is a look at some of the most bullish recommendations this week:
\n<\/p>\n
Laxmi Dental
\nMotilal Oswal initiated coverage on the stock on Monday, July 14, with a “buy” recommendation and a price target of \u20b9540 per share.<\/a> This implies an upside potential of 26% from last Friday’s close. However, the brokerage ascribed a bull case price target of \u20b9750 per share, which implies a potential upside of 75% from last Friday’s close. The stock gained 12% last week, following the report.
\nVishal Mega Mart
\nMotilal Oswal also initiated coverage on Vishal Mega Mart last week, a recently listed outperforming IPO. The brokerage’s “buy” rating came with a price target of \u20b9165 per share<\/a>, and this, after the stock has already rallied 75% from its IPO price of \u20b978. Its bull case target of \u20b9210, implied a 55% potential upside.
\nWires & Cables Stocks
\nThe week also saw JM Financial initiating coverage on Wires and Cables stocks – Polycab India, KEI Industries and RR Kabel<\/a>, expecting the industry to continue on its strong growth path. It projected an 18% upside for multibagger Polycab, a 25% upside for KEI Industries and a 23% upside potential for RR Kabel.
\nRaymond
\nAntique Stock Broking initiated coverage on the stock on Friday with a “buy” rating and a price target of \u20b9900, implying a potential upside of 30%<\/a> from current levels. Antique expects Raymond’s revenue, EBITDA, and profit to grow at 16%, 38%, and 55% annually, with operating margins rising to 12.2% in FY26, 14.9% in FY27, and 15.3% in FY28 respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"Analyst reports released this week were on the bullish side with them projecting bull case targets for up…\n","protected":false},"author":2,"featured_media":8808,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[45,49,48,9145,9140,100,9143,9141,9144,101,9146,9142],"class_list":["post-8807","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-ca","tag-canada","tag-kei-industries-share-price","tag-laxmi-dental-share-price","tag-markets","tag-polycab-share-price","tag-raymond-share-price","tag-rr-kabel-share-price","tag-stocks-to-buy","tag-stocks-to-buy-with-target","tag-vishal-mega-mart-share-price"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/8807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=8807"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/8807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/8808"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=8807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=8807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=8807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}