Broker recommendations for Tata Motors Ltd.
The Tata Motors Ltd. stock is rated at 1.8125 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Tuesday 22 September, 2020 by a total of 32 brokers. This means that the consensus of the 32 different brokers is leaning toward to moderate buy/hold.
Sell
8 (25%) Underweight
1 (3.13%) Hold
7 (21.88%) Overweight
3 (9.38%) Buy
13 (40.63%)
Price target by analysts
The 31 latest analyst estimates, per Saturday 17 October, 2020, show the following high, low and average price targets.
Target Average: 8.58 USD
Target High: 15.15 USD
Target Low: 5.64 USD
At 0.9% of revenues, firms spend dismal Rs 36,000 crore on R&D in FY20
Monday, 19 October 2020, 16:17:00
Tata Motors was the largest spender on R&D in FY20 with a total of Rs 3,100 crore, which amounts to 7.10 per cent of its total revenue
— Business Today
EXCLUSIVE: Why Tata Motors CEO is not worried about Musk’s Tesla coming to India
Monday, 19 October 2020, 14:24:00
Speaking at the Business Insider Global Trends Festival 2020, Tata Motors’ MD & CEO said that they are not competing with Elon Musk’s Tesla in the Indian market.
— Business Insider India
How stocks of largest spenders on R&D have performed during the last 10 years
Monday, 19 October 2020, 09:45:23
In absolute terms, Tata Motors (Rs 3,100 crore) stood as the biggest spender on R&D in FY20
— Economic Times India
Tata Motors joins hands with HDFC Bank for passenger vehicle financing – ET Auto
Saturday, 17 October 2020, 16:16:07
These schemes are aimed at propelling customers to fast track their buying process by providing EMI schemes at pocket-friendly interest rates.
— Economic Times India Auto
Tata Motors ties up with HDFC Bank for financing of passenger vehicles – Times of India
Saturday, 17 October 2020, 14:47:00
India Business News: Tata Motors on Saturday said it has collaborated with HDFC Bank for financing of its passenger vehicles. Through the partnership, the company said it
— The India Times
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