Apollo Tyres Ratings by Nomura, Citi and JP Morgan

Apollo Tyres Ratings by Nomura, Citi and JP Morgan

Three brokerage houses have offered ratings for Apollo Tyres. The stock has witnessed a strong rally from yearly low of Rs 183 to 52-week high touched recently at Rs 427. Apollo Tyres was down in today’s session by 2 percent at Rs 407.

Nomura has offered Neutral Rating for Apollo Tyres with target price of Rs 386.

Citi has maintained BUY Rating for the company with target price of Rs 445.

JP Morgan has maintained Overweight Rating for Apollo Tyres with price target of Rs 445.

As per TrendLyne, HDFC Securities has accumulate rating for the stock. Motilal Oswal has BUY Rating while Geojit BNP Paribas has suggested Accumulate Rating for the stock.

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