Brokerages keep mixed views on United Spirits after Q2
In short
United Spirits shares were in focus after Q2 results. Jefferies kept a Buy rating with a target price of ₹1,560, while CLSA kept a Hold rating with a target of ₹1,303.
The targets imply about 27% upside from Wednesday’s close of ₹1,229 and about 6% upside, respectively. The report does not give the full Q2 numbers or explain why the brokerages held their views.
What the reporting says
United Spirits shares were in focus after Q2 results, with Jefferies maintaining a Buy rating and a ₹1,560 target price. CLSA retained a Hold rating with a ₹1,303 target, according to the publisher-supplied summary, while the notes imply roughly 27% upside from Wednesday’s close of ₹1,229 and about 6% upside, respectively. The reporting does not state the full Q2 numbers or why the brokerages kept their views unchanged.
Why it matters
United Spirits drew brokerage attention after its Q2 results, with Jefferies keeping a Buy rating and CLSA keeping a Hold rating. The summary gives target prices of ₹1,560 and ₹1,303, and notes the implied upside from Wednesday’s close of ₹1,229. The reporting is limited to analyst views and does not state the underlying quarterly performance or the reason for the split ratings.