
Jefferies Reaffirms Their Buy Rating on InterGlobe Aviation Ltd (INDIGO)
Confident Investing Starts Here:
According to TipRanks, Kumar is a 3-star analyst with an average return of 3.9% and a 70.00% success rate. Kumar covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd..
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for InterGlobe Aviation Ltd with a INR5,589.17 average price target, representing a 4.86% upside. In a report released on May 22, J.P. Morgan also maintained a Buy rating on the stock with a INR5,835.00 price target.
The company has a one-year high of INR5,665.65 and a one-year low of INR3,778.50. Currently, InterGlobe Aviation Ltd has an average volume of 35K.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
17 minutes ago
- Bloomberg
AI Investment Is Not Slowing Down: Jefferies' Thill
Jefferies Analyst Brent Thill discusses tech earnings and why he thinks investment in artificial intelligence isn't going to slow down soon. He speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Yahoo
2 hours ago
- Yahoo
Jefferies Remains Bullish on Safe Bulkers (SB)
Safe Bulkers Inc. (NYSE:SB) is one of the best shipping and container stocks to invest in now. Analyst Omar Nokta from Jefferies maintained a Buy rating on Safe Bulkers Inc. (NYSE:SB) on May 20, setting a $5.00 price target. A fleet of vessels sailing in tandem, illuminated by the setting sun. The analyst based the rating on the company's strategic positioning and financial resilience, reporting strong Q1 results that exceeded expectations despite challenging market conditions, with spot rates dwindling below break-even levels. Nokta reasoned that this was primarily because of Safe Bulkers Inc.'s (NYSE:SB) contracted cash flow from period and fixed charters, as that offered stability to reach an average time charter equivalent rate that surpassed expectations. The firm also reasoned that Safe Bulkers Inc.'s (NYSE:SB) free cash flow has allowed it to declare a stable dividend. It expects the delivery of a new Kamsarmax vessel and modest recovery in dry bulk rates to further bolster the company's outlook. Safe Bulkers Inc. (NYSE:SB) provides international marine drybulk transportation services. It transports bulk cargoes across global shipping routes, primarily including grain, coal, and iron ores. While we acknowledge the potential of SB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
3 hours ago
- Yahoo
Pinnacle shares tumble as $8.6 billion deal for Synovus raises fears of stricter oversight
By Ateev Bhandari and Pritam Biswas (Reuters) -Shares of U.S. regional banks Pinnacle Financial Partners and Synovus Financial fell on Friday as investors balked at the possibility of stricter regulatory requirements due to their merger, which would significantly increase their combined assets. The combined entity, with more than $115 billion in assets, would cross the threshold to be classified as a "large financial institution," subject to much stricter regulations. Analysts said that surpassing the $100 billion threshold often negatively affects bank profitability. "The broader balance sheet impact may not be fully captured in the company's current projections and that it could represent an incremental headwind to profitability," Jefferies analysts wrote in a note. "It necessitates growth in high-quality liquid asset securities, which typically yield less than loans." Shares of Synovus, which has more assets than Pinnacle, tumbled 12.7% in morning trading, while Pinnacle, which has a larger market capitalization, also declined, according to LSEG data. Expectations of lower interest rates and positive economic data have improved executive sentiment, a marked reversal from early April when U.S. tariff policy put dealmaking on hold. Analysts remain cautious about the timing of Pinnacle's decision. 'Pinnacle's organic growth model was strong enough not to require a deal that could disrupt the existing strategy,' J.P. Morgan analysts said. Some analysts said that crossing the asset mark could provide a buffer for a stronger balance sheet and enhance operational efficiency. "The combination includes two growth-oriented companies with a long history in large, growing Southeast markets giving a solid start out of the gate," analysts at Raymond James said in a note. U.S. bank M&A activity is expected to accelerate in the second half of the year, supported by a more accommodating regulatory environment and a new merger review process.