Buy Pfizer, price target Rs 4,340: Dharmesh Shah

Dharmesh Shah of ICICI Direct has a buy call on Pfizer Ltd. with a target price of Rs 4340.0 . The current price of Pfizer Ltd. is Rs 4216.3 Time period given by the analyst is Intra Day when Pfizer Ltd. price can reach defined target. . Dharmesh Shah recommended to keep a stoploss at Rs 4040 .

Pfizer Ltd., incorporated in 1950, has a market cap of Rs 19288.62 crore.

Pfizer Ltd. key Products/Revenue Segments include Pharmaceuticals which contributed Rs 2030.49 Crore to Sales Value (97.54 % of Total Sales), Sale of services which contributed Rs 50.93 Crore to Sales Value (2.44 % of Total Sales) and Scrap which contributed Rs .08 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2019.


For the quarter ended 31-12-2019, the company has reported standalone sales of Rs 538.18 crore, down -5.09 % from last quarter sales of Rs 567.06 crore and up 4.75 % from last year same quarter sales of Rs 513.79 crore. The company has reported net profit after tax of Rs 139.06 crore in the latest quarter.