Buy Jagran Prakashan Ltd. target Rs 225 : Angel Broking

The acquisition of a radio business (Radio City) would also boost Jagran Prakashan's revenue growth.

Angel Broking has Buy call on Jagran Prakashan Ltd. with a target price of Rs 225 .The current market price of Jagran Prakashan Ltd. is 183.2 Time period given by analyst is year when Jagran Prakashan Ltd. price can reach defined target. The economic recovery is likely to have a favourable impact on advertising and circulation revenue growth of the company. Further, the acquisition of a radio business (Radio City) would also boost the company's revenue growth.
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