Jefferies Top Stock Picks: Zomato, SBI, Axis Bank Among 11 Shares With Up To 25 CAGR Returns Potential in Next 5 Years
Jefferies Top Stock Picks Zomato, SBI, Axis Bank and More: American broking firm Jefferies in its latest research report highlighted 11 stocks from the share market that have the potential to deliver up to 15 – 25 per cent CAGR (Compound annual growth rate) in the next five years. The analysts at the brokerage compiled the list of 11 companies which includes online food delivery platform Zomato, State Bank of India (SBI), private sector lender Axis Bank among others. Here is the full list of 11 stocks shared by the global brokerage for investor for bumper returns.
Economic Times in its report compiled the list of top 11 stocks recommended by Jefferies in its report which are likely to delivery 15-25% CAGR Returns in Next 5 years
Amber Enterprises Target Price: Rs 9,740
Brokerage believes the counter may move upside on back of India’s manufacturing growth story.
Ambuja Cement Target Price: Rs 1,250
Analysts see strong demand in cement sector from capex upcycle which could drive 19 per cent EBITDA CAGR.
Axis Bank Target Price: Rs 2810
Jefferies see 17 per cent loan and 18 per cent EPS CAGR over FY24-29.
Bharti Airtel Target Price: Rs 2530
Analysts see strong EBITDA growth.
JSW Energy Target Price: Rs 1100
The company is planning three times increase in power capacity, with a strong rise in renewable energy share, ET reported.
L&T Share Price Target: Rs 7,564
Anticipate over 15 per cent revenue CAGR over FY23-30.
Macrotech Developers Share Price Target: Rs 3,000
Strong Housing Cycle expected.
Max Healthcare Target Price: Rs 1,925
A leading player in the healthcare sector is aiming doubling on the bed capacity.
SBI Share Price Target Rs 1860
Anticipates loan growth driven by retail, SME & corporate segments.
TVS Motor Company Share Price Target Rs 5,000
A primary beneficiary of the resurgence in demand for two-wheelers in India and the shift towards electric vehicles.
Zomato Share Price Target Rs 400
Forecasts growth in low penetration segments.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of TN Network.)
