ONGC
14.01.2022 - CITI on ONGC Maintain Sell CMP 168 Target 150
14.01.2022 - JpMorgan on ONGC Maintain Buy CMP 168 Target 235
11.01.2022 - JpMorgan on ONGC Maintain Overweight Target 235
CLSA ON ONGC : 28.06.2021
* UPGRADE BUY TARGET: 165
* CLSA upgrades ONGC to Buy as it believes using spot rate would take up the fair value to Rs 260/sh
* Using Spot Rate Would Take Up Fair Value To *260/Sh
* Stock Is Pricing In Brent Of Only $51/bbl
* May See 145% Rise In formula-based Domestic Gas Price Over Next 9 Mths
* FY22-23 EPS By Increased By 32%
JPMORGAN ON ONGC : 28.06.2021
* Maintain Overweight, Target at Rs 190/share
* Strong Q4 but expect further improvement on higher prices
* Believe the markets lack of conviction on the oil price rally
* H1FY22 should be even stronger given sharply
• Consensus earnings estimate upgrades are coming through
