Equity99 is bullish on Crest Ventures has recommended buy rating on the stock with a target price of Rs 317 in its research report dated September 07, 2018.
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Equity99's report on Crest Ventures
We initiate coverage on Crest Ventures Ltd with a Buy rating. Crest Ventures Ltd is a diversified company having interest in real estate, financial services and investment & credit segment. Company's all verticals perform very well since last five years and strong performance remains continue in next 2-3 years.
Outlook
We are initiating CREST with a BUY rating at Rs. 205 with TP of Rs.317 (valuing at 8x its FY19E EPS). We are closely monitoring company's executions and will keep upgrading our forecasts on the basis of earnings.
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First Published on Sep 11, 2018 04:22 pm