Consensus Dr. Reddy's Laboratories Limited

Equities

DRREDDY

INE089A01023

Market Closed - Bombay S.E. 06:00:46 2024-04-16 am EDT 5-day change 1st Jan Change
6,052 INR +0.70% Intraday chart for Dr. Reddy's Laboratories Limited -1.88% +4.38%

Evolution of the average Target Price on Dr. Reddy's Laboratories Limited

Price target over the last 5 years

History of analyst recommendation changes

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Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $80 From $75, Keeps Overweight Rating MT
Indian Equities Bounce Back on Thursday Amid Likelihood of US Rate Cuts in US MT
Indian Equities Close Higher on Friday as Major Central Banks Hold Rates Steady MT
Jefferies Adjusts Dr. Reddy’s Laboratories’ Price Target to INR6,250 From INR6,330, Keeps at Buy MT
Indian Equities End Lower After US Fed Hints Rates Staying Higher for Longer MT
Jefferies Adjusts Dr. Reddy Laboratories’ to INR6,300 From INR5,600, Keeps at Buy MT
Indian Equities Drag as Several Central Banks Hike Interest Rates; Adani Enterprises Slumps 7% MT
Indian Equites Soar on Friday as Investors Bet on Delay in Further US Rate Hikes MT
Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $70 From $67, Maintains Overweight Rating MT
Nomura Adjusts Dr Reddy's Laboratories' Price Target to INR5,161 From INR5,552, Keeps at Buy MT
Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $66 From $69, Reiterates Overweight Rating MT
Barclays Adjusts Dr. Reddy's Laboratories' Price Target to $69 from $68, Maintains Overweight Rating MT
Barclays Lowers Dr. Reddy's Laboratories' Price Target to $68 From $70, Maintains Overweight Rating MT
Nomura Adjusts Dr. Reddy's Laboratories’ Price Target to 5,552 Indian Rupees From 5,856 Indian Rupees, Keeps at Buy MT
Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $80 From $78, Maintains Overweight Rating MT
Nomura Adjusts Dr Reddy's Laboratories' Price Target to 5,856 Indian Rupees From 5,619 Indian Rupees, Keeps at Buy MT
DR REDDY LABORATORIES : Nomura Adjusts Dr. Reddy's Laboratories' Price Target to 5,619 Indian Rupees From 6,145 Indian Rupees, Keeps at Buy MT
DR REDDY LABORATORIES' : Price Target From Nomura Raised to INR6,145 From INR5,065, Buy Rating Maintained MT
DR REDDY LABORATORIES : Nomura Adjusts Dr. Reddy's Laboratories' Price Target to 6,145 Indian Rupees From 5,065 Indian Rupees, Keeps at Buy MT
Sub: Intimation for withdrawal of Credit Rating (Form 6-K) PU
Dr Reddy Laboratories : India Ratings & Research Withdraws A1+ Rating on Dr. Reddy's Laboratories' Commercial Paper MT
Wockhardt : CARE Ratings Gives BBB- Rating on Wockhardt's Proposed Non-Convertible Bonds; Outlook Stable MT
-ANALYST ACTIONS : Nomura Upgrades Dr. Reddy's Laboratories to Buy From Neutral, Cuts Price Target to INR5,065 From INR5,165 MT
DR REDDY LABORATORIES : Nomura Upgrades Dr Reddy's Laboratories to Buy From Neutral, Adjusts Price Target to 5,065 Indian Rupees From 5,165 Indian Rupees MT
Axis Bank : Indian shares close at record highs; RBI rate decision awaited RE
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
35
Last Close Price
6,010 INR
Average target price
6,017 INR
Spread / Average Target
+0.12%
High Price Target
7,587 INR
Spread / Highest target
+26.24%
Low Price Target
3,915 INR
Spread / Lowest Target
-34.86%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Dr. Reddy's Laboratories Limited

Barclays
Jefferies & Co.
Nomura
Trading Rating
Investor Rating
ESG Refinitiv
B+
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