Nuvama Securities Issues Buy Call on Lemon Tree Hotels with Target Price of ₹178
Nuvama Securities has issued a buy recommendation for Lemon Tree Hotels with a target price of ₹178 per share. The recommendation reflects the brokerage's positive assessment of the hospitality company's prospects. This target price indicates potential upside for investors considering the stock.
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Nuvama Securities has issued a buy recommendation for Lemon Tree Hotels , setting a target price of ₹178 per share. This recommendation indicates the brokerage firm's positive outlook on the hospitality company's stock performance.
Brokerage Recommendation Details
The investment recommendation comes from Nuvama Securities, which has analyzed the company's fundamentals and market position. The target price of ₹178 represents the brokerage's assessment of the stock's fair value based on their evaluation criteria.
| Parameter: | Details |
|---|---|
| Brokerage Firm: | Nuvama Securities |
| Recommendation: | Buy |
| Target Price: | ₹178 |
Investment Outlook
The buy call from Nuvama Securities suggests confidence in Lemon Tree Hotels' business model and growth prospects. Such recommendations typically factor in various elements including financial performance, market conditions, and sector dynamics.
Investors often consider brokerage recommendations as part of their investment decision-making process, though individual research and risk assessment remain crucial for making informed investment choices.
Historical Stock Returns for Lemon Tree Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.68% | -0.10% | -6.71% | +5.36% | +7.42% | +268.04% |
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