Jefferies picks 5 financial stocks with upside of up to 25%. How many do you have? - Top Picks
· economictimes.indiatimes.com
Jefferies has identified five financial companies with market capitalisation of around or above $5 billion that could deliver 25% CAGR in operating profit over the next three years, supported by healthy revenue growth and economies of scale. The foreign brokerage has rated all five as Buys, expecting strong earnings compounding to drive investor returns despite their relatively higher valuations. Top Picks
The brokerage has a Buy call and a target price of Rs 560 (25% upside). The company should deliver 34% AUM CAGR over FY26-29 led by scale up of its new products...