BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss maintains buy on Jet Airways
Edelweiss has maintained buy on Jet Airways for target price of Rs 615. It says stabilisation of industry yields in near term, secular trend in costs and debt reduction are key for profitability to get a leg up. Edelweiss factors in Jet Airways to post lower growth and its yield to be impacted (due to focus on international operations) versus other players.