UBS, Swiggy and Share Price
ndtvprofit · 1d
UBS Bites Into Swiggy: Sees Growth In Food Delivery, Quick Commerce
UBS initiated coverage on Swiggy with a ‘buy’ rating and a target price of Rs 515, citing significant growth potential in India’s online food delivery and quick commerce markets. The company, which recently listed on Nov. 13, is well-positioned to benefit from its improving margins and scale, the brokerage noted.
Business Standard · 1d
Swiggy share price gains 7% as UBS initiates coverage with 'buy' rating
Swiggy rallied 7 per cent on Tuesday after UBS initiated coverage on the stock with a ‘buy’ rating, citing a “significant” valuation discount to rival Zomato. The brokerage has set a 12-month price target of Rs 515. Shares of Swiggy ended at Rs 462, valuing the company at Rs 1.03 trillion.
cnbctv18 · 1d
UBS expects Swiggy shares to deliver 20% upside from current levels for a ₹515 target
Global brokerage firm UBS has initiated coverage on Swiggy Ltd., the food delivery aggregator and Zomato Ltd.'s competitor, with a 'Buy' rating and a price target of ₹515. The price target ascribed by UBS,
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