CLSA upgrades Tata Motors to high-conviction outperform, sets Rs 930 target price
- Posted on February 19, 2025
- By Business News Today
- 6 Views
CLSA upgrades Tata Motors to high-conviction outperform, sets Rs 930 target price
CLSA notes that Jaguar Land Rover (JLR) is currently trading at 1.2x FY27CL EV/EBITDA, well below its typical multiple of 2.5x. The brokerages sum-of-the-parts valuation suggests a per-share value of about Rs 320 for JLR at the current price, compared to a target valuation of Rs 450 per share.
