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Why Analysts Repose Faith In Tata Power, The Worst Performer Among Peers In 2019
Tata Power is the worst performer among power producers this year. Yet, analysts remain upbeat.
01 Jan 2020, 01:02 PM IST
Tata Power Company Ltd. is the worst performer of 2019 among listed private power generators. Yet, analysts are upbeat about the stock.The average of analyst estimates compiled by Bloomberg suggest a potential upside of 36 percent in the next 12 months. As many as 12 out of the 17 analysts tracking the company recommend a ‘Buy’, four suggest ‘Hold’ and just one advises ‘Sell’. ICICI Securities and Edelweiss Capital have the target pr...
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