Consensus Dr. Reddy's Laboratories Limited NSE India S.E.

Equities

DRREDDY

INE089A01023

Market Closed - NSE India S.E. 05:17:53 21/06/2024 pm IST 5-day change 1st Jan Change
6,011 INR +0.68% Intraday chart for Dr. Reddy's Laboratories Limited -1.21% +3.68%

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

Price target over the last 5 years

History of analyst recommendation changes

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Jefferies Adjusts Dr. Reddy’s Laboratories’ Price Target to INR5,010 From INR5,040, Keeps at Underperform MT
Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $80 From $75, Keeps Overweight Rating MT
Jefferies Adjusts Dr. Reddy’s Laboratories’ Price Target to INR6,250 From INR6,330, Keeps at Buy MT
Jefferies Adjusts Dr. Reddy Laboratories’ to INR6,300 From INR5,600, Keeps at Buy MT
Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $70 From $67, Maintains Overweight Rating MT
Nomura Adjusts Dr Reddy's Laboratories' Price Target to INR5,161 From INR5,552, Keeps at Buy MT
Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $66 From $69, Reiterates Overweight Rating MT
Barclays Adjusts Dr. Reddy's Laboratories' Price Target to $69 from $68, Maintains Overweight Rating MT
Barclays Lowers Dr. Reddy's Laboratories' Price Target to $68 From $70, Maintains Overweight Rating MT
Nomura Adjusts Dr. Reddy's Laboratories’ Price Target to 5,552 Indian Rupees From 5,856 Indian Rupees, Keeps at Buy MT
Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $80 From $78, Maintains Overweight Rating MT
Nomura Adjusts Dr Reddy's Laboratories' Price Target to 5,856 Indian Rupees From 5,619 Indian Rupees, Keeps at Buy MT
DR REDDY LABORATORIES : Nomura Adjusts Dr. Reddy's Laboratories' Price Target to 5,619 Indian Rupees From 6,145 Indian Rupees, Keeps at Buy MT
DR REDDY LABORATORIES' : Price Target From Nomura Raised to INR6,145 From INR5,065, Buy Rating Maintained MT
DR REDDY LABORATORIES : Nomura Adjusts Dr. Reddy's Laboratories' Price Target to 6,145 Indian Rupees From 5,065 Indian Rupees, Keeps at Buy MT
Sub: Intimation for withdrawal of Credit Rating (Form 6-K) PU
Dr Reddy Laboratories : India Ratings & Research Withdraws A1+ Rating on Dr. Reddy's Laboratories' Commercial Paper MT
Wockhardt : CARE Ratings Gives BBB- Rating on Wockhardt's Proposed Non-Convertible Bonds; Outlook Stable MT
-ANALYST ACTIONS : Nomura Upgrades Dr. Reddy's Laboratories to Buy From Neutral, Cuts Price Target to INR5,065 From INR5,165 MT
DR REDDY LABORATORIES : Nomura Upgrades Dr Reddy's Laboratories to Buy From Neutral, Adjusts Price Target to 5,065 Indian Rupees From 5,165 Indian Rupees MT
Axis Bank : Indian shares close at record highs; RBI rate decision awaited RE
DR REDDY LABORATORIES : Barclays Upgrades Dr. Reddy's Laboratories to Overweight From Equal-Weight, Adjusts Price Target to $70 From $56 MT
DR REDDY LABORATORIES : Nomura Downgrades Dr Reddy's Laboratories to Neutral From Buy, Adjusts Price Target to 5,165 Indian Rupees From 6,066 Indian Rupees MT
Dr Reddy Laboratories : Intimation of Credit Rating – May 01, 2020 PU
Dr. Reddy's Laboratories Limited Announces Consolidated Earnings Results for the Second Quarter and Half Year Ended September 30, 2018; Provides Earnings Guidance for the Second Half of Fiscal 2019 and Effective Tax Rate Guidance for the Full Year of Fiscal 2019 CI
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
35
Last Close Price
6,009 INR
Average target price
6,119 INR
Spread / Average Target
+1.84%
High Price Target
7,500 INR
Spread / Highest target
+24.82%
Low Price Target
4,245 INR
Spread / Lowest Target
-29.35%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Dr. Reddy's Laboratories Limited

Jefferies & Co.
Barclays
Nomura
Trading Rating
Investor Rating
ESG Refinitiv
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