Stocks To Buy 22 February 2024
📈 The stock market is witnessing a record-breaking rally and major market indices have reached new all-time highs. Investors are focusing on quality stocks in the market rally. Brokerage firms have selected shares of companies owned by five states for purchase. These stocks include NTPC, Coal India, Power Grid, ONGC, and NMDC. Brokerage firms recommend buying shares for the long term.
NTPC
🔍 Brokerage firm Morgan Stanley has given an overweight rating to NTPC’s shares with a target of ₹390 per share. On February 20, 2024, the share price was ₹344.75. On Thursday (February 22, 2024), the share was trading at ₹339, up 0.86%.
Coal India
🔍 Jeffrey brokerage firm has given an outperform rating to Coal India’s shares with a target of ₹550 per share. On February 20, 2024, the share price was ₹447. On Thursday (February 22, 2024), the share was trading at ₹448, up 3.48%.
Power Grid
🔍 Bernstein brokerage firm has given an outperform rating to Power Grid’s shares with a target of ₹315 per share. On February 20, 2024, the share price was ₹287. On Thursday (February 22, 2024), the share was trading at ₹282, up 0.50%.
ONGC
🔍 Citi brokerage firm has given an outperform rating to ONGC’s shares with a target of ₹305 per share. On February 20, 2024, the share price was ₹275. On Thursday (February 22, 2024), the share was trading at ₹274, up 0.55%.
NMDC
🔍 Citi brokerage firm has given an outperform rating to NMDC’s shares with a target of ₹280 per share. On February 20, 2024, the share price was ₹241. On Thursday (February 22, 2024), the share was trading at ₹239, up 2.94%.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
