BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Citi Maintains Sell on Zee Entertainment
Citi has maintained its 'sell' call on Zee Entertainment for target price of Rs 330 per share. Citi says that subscription could see a slowdown. Valuations at 29x FY17E (ex RPS impact) are expensive and expect a 14 per cent two-year EBITDA CAGR.