Buy United Breweries, target Rs 940: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on United Breweries with a target price of Rs 940.

The current market price of United Breweries is Rs 884.60.

Time period given by the analyst is intraday when United Breweries price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 855.

United Breweries, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 22,741.49 Crore) operating in Beverages - Alcoholic sector.

The company’s top management includes Mr.A K Ravi Nedungadi, Mr.Chhaganlal Jain, Mr.Chugh Yoginder Pal, Mr.Frans Erik Eusman, Mr.Madhav Bhatkuly, Mr.Shekhar Ramamurthy, Mr.Sijbe Hiemstra, Mr.Stephan Gerlich, Mr.Steven Bosch, Mr.Sunil Kumar Alagh, Ms.Kiran Mazumdar Shaw.

Company has S R Batliboi & Associates LLP as its auditors.

As on 30-09-2017, the company has a total of 264,405,149 shares outstanding.