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Jefferies Reaffirms Their Sell Rating on Hyundai Motor India Limited (HYUNDAI)

Jefferies analyst Nitij Mangal maintained a Sell rating on Hyundai Motor India Limited on May 5 and set a price target of INR1,600.00. The company’s shares closed today at INR1,822.35.

According to TipRanks, Mangal is ranked #1967 out of 12173 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Hyundai Motor India Limited with a INR1,882.50 average price target.

Based on Hyundai Motor India Limited’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR161.8 billion and a net profit of INR13.69 billion. In comparison, last year the company earned a revenue of INR173.68 billion and had a net profit of INR14.9 billion

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