CITI Research Issues Sell Rating on Hindustan Zinc with Target Price of ₹585
CITI Research has assigned a sell rating to Hindustan Zinc with a target price of ₹585.00. This negative recommendation reflects the brokerage's bearish assessment of the mining company's prospects and suggests potential downside from current market levels.
*this image is generated using AI for illustrative purposes only.
CITI Research has issued a sell rating on Hindustan Zinc shares, setting a target price of ₹585.00 for the mining company's stock. This recommendation indicates the brokerage firm's bearish outlook on the company's near-term prospects.
Brokerage Recommendation Details
The sell rating from CITI Research represents a negative assessment of Hindustan Zinc's current valuation and future performance potential. The target price of ₹585.00 serves as the brokerage's fair value estimate for the stock.
| Parameter: | Details |
|---|---|
| Brokerage: | CITI Research |
| Rating: | Sell |
| Target Price: | ₹585.00 |
Market Implications
Sell ratings from major brokerages like CITI typically reflect concerns about a company's fundamental outlook, valuation metrics, or sector-specific challenges. Such recommendations often influence investor sentiment and can impact trading activity in the concerned stock.
The target price provides investors with a specific benchmark to evaluate the stock's current market price against the brokerage's assessed fair value. This rating will likely be considered by institutional and retail investors when making investment decisions regarding Hindustan Zinc shares.
Historical Stock Returns for Hindustan Oil Exploration
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.65% | -5.61% | -7.75% | -16.99% | -30.23% | +62.92% |
20
