Hot Stocks: 4 stocks that may give returns between 19% and 35%

Here's a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 19% and 35% as per analysts’ price targets.

Here's a look at some of the latest stock recommendations by . These are expected to return between 19% and 35% as per analysts’ price targets.

BROKERAGE CITI Price Target: Rs 720 CMP: Rs 604 Upside: 19%

Upgrade stock to buy after underperformance in six months and one year
Expect HDFC Life’s efforts to strengthen its agency base in FY24 and focus on mass market growth to drive sales gradually
Any likely revival in growth at will aid further

BROKERAGE MACQUARIE Price Target: Rs 6,250 CMP: Rs 4,633 Upside: 35%

Retain Outperform rating but cut price target by 11% on lower growth expectations
Company structurally sound but merger synergies (L&T Info+Mindtree) hit an unexpected rough patch
See delayed margin recovery due to slower demand growth in FY24

BROKERAGE BERNSTEIN Price Target: Rs 14,400 CMP: Rs 12,503 Upside: 15.2%

Sticking to companies with strong near-term momentum as Indian equities are above fair value
Hyundai outpaced Maruti on earnings front in recent years due to premium and SUV positioning, but Maruti is catching up
Maruti well positioned to tap EV opportunity and benefi t from a potential push towards hybrid

REIT BROKERAGE HSBC Price Target: Rs 315 CMP: Rs 253 Upside: 24.5%

Maintain Buy as an increase in physical occupancies and resolution of stuck inventory owing to the SEZ law would be a leading indicator of an uptick in leasing
Once employees return to their offices, institutionally managed grade-A office spaces will remain a preference
Estimated distribution yield of this REIT is 7.9%, a spread of 70 basis points over the 10-year G-Sec yield

Source: Stocks-Markets-Economic Times