Geojit Financial Services has reaffirmed its BUY recommendation for Cipla Ltd., assigning a revised target price of Rs. 1,695. This valuation is based on a 26x FY26E adjusted EPS.
Cipla share price was trading firm on Friday with 2.4 percent gains over yesterday's close. The stock touched intraday high of Rs 1,527.95 by the time of publication of this report.
KRChoksey has recommended an "ACCUMULATE" rating for Cipla Ltd. with a target price of Rs 1,680, indicating a potential upside of 6.0% from the current market price of Rs 1,585.
Prabhudas Lilladher has issued an “Accumulate” rating on Cipla’s stock, suggesting a target price (TP) of Rs1,615 per share, with the current market price (CMP) standing at Rs1,478.
Indian markets were trading flat on Tuesday with Hero MotoCorp, Cipla and Tech Mahindra among major gainers during the early trading session. Markets are lacking any major triggers today.