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UBS upgrades MCX rating to Buy with Rs 3,800 target price: Can it boost the stock?
UBS upgraded MCX to Buy from Neutral and raised its target price to Rs 3,800, citing attractive valuations, resilient trading volumes and positive regulatory developments. The brokerage also raised its FY27-FY29 EPS estimates by 4%-9%, while expecting strong commodity volatility and operating leverage to support earnings growth.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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MCX shares rise 2% as JPMorgan upgrades, raises target price after this Sebi proposal
Shares of Multi Commodity Exchange (MCX) rose more than 2% after Sebi proposed widening foreign portfolio investors access to physically settled non-agricultural commodity…
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UBS upgrades MCX rating to Buy with Rs 3,800 target price: Can it boost the stock?
UBS upgraded MCX to Buy from Neutral and raised its target price to Rs 3,800, citing attractive valuations, resilient trading volumes and positive regulatory developments. The…