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Jefferies maintains buy rating on LT; increases target price by 22%

Jefferies India has affirmed a “buy” rating on Larsen Toubro Ltd, a leading engineering company in India. The investment bank has raised its target price for the company by 22 percent from the current market price, to Rs 2,650. This upgrade in target price reflects expectations of improved earnings, driven by a robust order book..

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​ Jefferies India has affirmed a “buy” rating on Larsen Toubro Ltd, a leading engineering company in India. The investment bank has raised its target price for the company by 22 percent from the current market price, to Rs 2,650. This upgrade in target price reflects expectations of improved earnings, driven by a robust order book.. Jefferies India has affirmed a “buy” rating on Larsen Toubro Ltd, a leading engineering company in India. The investment bank has raised its target price for the company by 22 percent from the current market price, to Rs 2,650. This upgrade in target price reflects expectations of improved earnings, driven by a robust order book..  Moneycontrol Latest News Read More  

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