Motilal Oswal is bullish on Oberoi Realty recommended buy rating on the stock with a target price of Rs 480 in its research report dated October 19, 2020.
Motilal Oswal 's research report on Oberoi Realty
For FY21, we have broadly maintained our estimates for commercial office space and hospitality. However, we have lowered our estimates for retail due to the delay in normal operation of malls.
Outlook
Moreover, we are enthused by the pickup in residential segment, and thus, have revised our estimates on the upside by 53% for FY21. Maintain Buy with a revised TP of INR480.
For all recommendations report, click here
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