HDFC Bank, Dabur among stocks that could return upto 45% in a year
Analysts said investors could look at some of these stocks for the next one year.
By ET Bureau |
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These stocks, on the basis of the price targets, according to Bloomberg consensus estimates, can give returns between 15 per cent and 45 per cent over the next one year.
Around 30 stocks, including HDFC Bank, Dabur, Can Fin Homes, Equitas Holdings, Atul, Abbott, Federal Bank and NCC, have seen upward revision of their price targets between 5 per cent and 25 per cent since the beginning of the year. These stocks, on the basis of the price targets, according to Bloomberg consensus estimates, can give returns between 15 per cent and 45 per cent over the next one year.
Analysts said investors could look at some of these stocks for the next one year. For instance, they have hiked their price target for Colgate Palmolive by 15 per cent since January 1, which translates into potential returns of 18 per cent in the next one year. Similarly, Can Fin Homes, which has seen an increase in target price by 25 per cent since the beginning of the year, could gain up to 21 per cent over the next one year.
