Evolution of the Average Target: Dr. Reddy's Laboratories Limited

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

Changes in Analyst Recommendations: Dr. Reddy's Laboratories Limited

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07-10 Elara Securities India Downgrades Dr. Reddy's Laboratories to Reduce From Accumulate; Price Target is INR1,283 MT
06-22 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,740 From INR1,600, Keeps at Buy MT
01-23 YES Research Upgrades Dr. Reddy's Laboratories to Add from Reduce, Price Target is INR1,340 MT
01-23 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,600 From INR1,580, Keeps at Buy MT
01-22 ICICI Securities Upgrades Dr. Reddy's Laboratories to Add from Hold, Price Target is INR1,300 MT
01-22 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,040 from INR1,100, Keeps at Underperform MT
25-10-30 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,580 From INR1,650, Keeps at Buy MT
25-10-27 Choice Equity Upgrades Dr. Reddy's Laboratories to Add from Reduce; Price Target is INR1,380 MT
25-10-27 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,650 From INR1,660, Keeps at Buy MT
25-10-27 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,130 From INR1,100, Keeps at Underperform MT
25-10-13 BNP Paribas Exane Initiates Dr. Reddy's Laboratories at Neutral With $13.18 Price Target MT
25-07-25 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,660 From INR1,575, Keeps at Buy MT
25-07-24 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,100 From INR1,010, Keeps at Underperform MT
25-05-12 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,010 from INR1,170, Keeps at Underperform MT
25-01-27 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,575 From INR1,500, Keeps at Buy MT
25-01-24 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,170 From INR1,210, Keeps at Underperform MT
24-12-20 Nomura Upgrades Dr. Reddy's Laboratories to Buy From Neutral, Cuts Price Target to 1,500 Indian Rupees From 6,499 Indian Rupees MT
24-11-06 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,130 From INR1,120, Keeps at Underperform MT
24-07-29 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR5,600 From INR5,010, Keeps at Underperform MT
24-05-08 Jefferies Adjusts Dr. Reddy’s Laboratories’ Price Target to INR5,010 From INR5,040, Keeps at Underperform MT
24-01-29 Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $80 From $75, Keeps Overweight Rating MT
23-10-30 Jefferies Adjusts Dr. Reddy’s Laboratories’ Price Target to INR6,250 From INR6,330, Keeps at Buy MT
23-07-27 Jefferies Adjusts Dr. Reddy Laboratories’ to INR6,300 From INR5,600, Keeps at Buy MT
23-06-01 Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $70 From $67, Maintains Overweight Rating MT
23-01-30 Nomura Adjusts Dr Reddy's Laboratories' Price Target to INR5,161 From INR5,552, Keeps at Buy MT

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
+7.73%
+11.81%
+2.53%
+7.14%
+1.73%
-0.5%
+29.14%
-11.1%
+4.91%
+5.74%
Average +5.91%
Weighted average by Cap. +6.69%


Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
39
Last Close Price
1,177.80INR
Average target price
1,265.77INR
Spread / Average Target
+7.47%
High Price Target
1,740.00INR
Spread / Highest target
+47.73%
Low Price Target
1,039.00INR
Spread / Lowest Target
-11.78%

Analyst Consensus Detail

Consensus revision (last 18 months)

Trader
Investor
Global
Quality
ESG MSCI
BBB
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  4. Consensus Dr. Reddy's Laboratories Limited