BSE Share Price: What is the fair value that divided analysts see for the stock after Q2 results
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Analysts from UBS, Bernstein and JPMorgan hold different views on BSE shares after the company reported its September quarter results on Wednesday.
- ✓While UBS and JPMorgan see potential growth for the stock, Bernstein remains bearish.
- ✓Currently, 15 analysts have a buy rating, as the stock rose 37% this year.
Story at a Glance
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- MARKET
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- cnbctv18
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- 2 Minute(s)
- Market Focus
- India Economy
Analysts from UBS, Bernstein and JPMorgan find themselves on the opposite side of the spectrum when it comes to analyzing future prospects for shares of the Bombay Stock Exchange (BSE) Ltd. after its September quarter results, which were reported after market hours on Wednesday.
UBS Sees 12% Upside For BSE
UBS has maintained its "outperform" recommendation on BSE with a price target of ₹4,050, which indicates an upside potential of 12% from current levels.
BSE's cash equities segment outperformed during the quarter with normal rate revenue growth accelerating, UBS wrote in its note, adding that the lower regulatory and operating expenses as a percentage of sales led to the margin beat.
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