JSWSTEEL(JSW Steel Limited)
18.01.2023 - CLSA on Jswsteel Maintain Sell CMP 675.2 Target 640
20.12.2022 - Nomura on Jswsteel Maintain Reduce CMP 770 Target 570
28.11.2022 - Macquarie on Jswsteel Maintain Underperform CMP 716.1 Target 520
21.11.2022 - CITI on Jswsteel Maintain Underperform CMP 695.2 Target 385
25.10.2022 - CITI on Jswsteel Maintain Neutral CMP 682 Target 625
25.07.2022 - CLSA on Jswsteel Maintain Sell CMP 595.8 Target 500
25.07.2022 - JpMorgan on Jswsteel Maintain Neutral CMP 595.8 Target 610
25.07.2022 - Nomura on Jswsteel Maintain Reduce CMP 595.8 Target 548
25.07.2022 - CITI on Jswsteel Maintain Neutral CMP 595.8 Target 600
02.06.2022 - CS on Jswsteel Maintain Underperform CMP 573 Target 425
30.05.2022 - CLSA on Jswsteel Maintain Sell CMP 537.7 Target 500
30.05.2022 - Nomura on Jswsteel Maintain Downgrade CMP 537.7 Target 500
30.05.2022 - JpMorgan on Jswsteel Neutral CMP 537.7 Target 610
23.05.2022 - CLSA on Jswsteel Maintain Sell CMP 528.85 Target 550
24.01.2022 - Jefferies on Jswsteel Maintain Underperform CMP 666 Target 550
MORGAN STANLEY ON JSW STEEL : 11.06.2021
• Maintain Overweright, Target at Rs 920/share
* JSW's crude steel production & utilization for May was flat
* Historical trend of 3-5% MoM growth in the last 3 years
* Expect production and sales volumes to show a gradual recovery from June onwards
MS ON JSW STEEL : 24.05.2021
* MAINTAIN OVERWEIGHT TARGET: 920(PREV TGT: 590)
* Morgan Stanley maintains OVERWEIGHT stance on JSW Steel, target bumped up to Rs 920/sh as the brokerage believes co is well positioned to deliver among the strongest volume growth
* Raise FY22e/23e EBIDTA By 17%/25%
* Well Positioned To Deliver Among The Strongest Volume Growth
* Despite New Capex Plans, Net Debt-to-EBITDA Should Be Well Under 1.5x