ONGC(Oil & Natural Gas Corporation Limited)
09.01.2023 - CLSA on ONGC Maintain Buy CMP 146.35 Target 225
16.11.2022 - CITI on ONGC Maintain Sell CMP 142.8 Target 130
16.08.2022 - MS on ONGC Maintain Overweight CMP 139.9 Target 177
16.08.2022 - JpMorgan on ONGC Maintain Neutral CMP 139.9 Target 155
04.07.2022 - GS on ONGC Maintain Buy CMP 126.15 Target 210
04.07.2022 - JpMorgan on ONGC Maintain Neutral CMP 126.15 Target 155
30.05.2022 - CITI on ONGC Maintain Sell CMP 143.9 Target 155
30.05.2022 - Nomura on ONGC Maintain Neutral CMP 143.9 Target 185
01.04.2022 - JpMorgan on ONGC Maintain Overweight CMP 173 Target 250
30.03.2022 - MS on ONGC Maintain Overweight CMP 171 Target 263
22.03.2022 - GS on ONGC Maintain Buy CMP 175.50 Target 270
25.02.2022 - MS on ONGC Maintain Overweight CMP 157 Target 263
16.02.2022 - CLSA On ONGC Maintain Buy CMP 168.50 Target 300
14.01.2022 - CITI on ONGC Maintain Sell CMP 168 Target 150
14.01.2022 - JpMorgan on ONGC Maintain Buy CMP 168 Target 235
11.01.2022 - JpMorgan on ONGC Maintain Overweight Target 235
CLSA ON ONGC : 28.06.2021
* UPGRADE BUY TARGET: 165
* CLSA upgrades ONGC to Buy as it believes using spot rate would take up the fair value to Rs 260/sh
* Using Spot Rate Would Take Up Fair Value To *260/Sh
* Stock Is Pricing In Brent Of Only $51/bbl
* May See 145% Rise In formula-based Domestic Gas Price Over Next 9 Mths
* FY22-23 EPS By Increased By 32%
JPMORGAN ON ONGC : 28.06.2021
* Maintain Overweight, Target at Rs 190/share
* Strong Q4 but expect further improvement on higher prices
* Believe the markets lack of conviction on the oil price rally
* H1FY22 should be even stronger given sharply
• Consensus earnings estimate upgrades are coming through