2 days ago
Citi Keeps Their Sell Rating on Wipro Limited (WIPRO)
Citi analyst Surendra Goyal maintained a Sell rating on Wipro Limited (WIPRO – Research Report) yesterday and set a price target of INR235.00. The company's shares closed yesterday at INR265.05.
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Goyal covers the Technology sector, focusing on stocks such as LTIMindtree Limited, Tech Mahindra Limited, and HCL Technologies Limited. According to TipRanks, Goyal has an average return of 0.7% and a 60.00% success rate on recommended stocks.
Currently, the analyst consensus on Wipro Limited is a Moderate Sell with an average price target of INR266.93.
The company has a one-year high of INR324.55 and a one-year low of INR225.05. Currently, Wipro Limited has an average volume of 526.9K.
Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WIPRO in relation to earlier this year.
