Goldman Sachs Maintains Neutral Rating on Urban Company with Target Price of ₹140
Goldman Sachs has maintained a Neutral rating on Urban Company with a target price of ₹140. The brokerage cites strong growth in the core services business and improving profitability, with one-third of the portfolio at an 8% EBITDA margin. InstaHelp is scaling rapidly, though near-term profitability pressure persists. Steady long-term margin expansion is anticipated across both domestic and international businesses.