Yahoo Finance Upbeat broker recommendations for Dabur India
The Dabur India (NSI:DABUR) share price has risen by 11.4% over the past month and it’s currently trading at 495.3. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Dabur India currently has:
10 Buy recommendations
10 Hold recommendations
0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
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Looking behind the broker forecasts
At its current price of 495.3, shares in Dabur India are trading at a discount of -6.52% to its 52 week high price. The 1-year performance of the shares has been 14.4%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Dabur India it's worth doing some investigation yourself.
There are all sorts of factors that could affect Dabur India's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Dabur India – you might discover some surprising things you didn’t know.
