BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Morgan Stanley initiates ICICI Prudential Life with overweight
Morgan Stanley has initiated coverage on ICICI Pru with "overweight" rating for a target price of Rs 365. The brokerage sees a multi-year improvement in profitability and expects 40 per cent CAGR growth for the company. The stock justifies a premium valuation as margins seen improving till FY2019, the brokerage added.