Attractive valuation! ITC shares can rally up to 18%, says Sharekhan
The brokerage firm reiterated a buy on ITC with an unchanged target price of Rs 450. Attractive valuations at 23x/21x its FY2024/FY2025E EPS and double-digit earnings growth visibility make the company Sharekhan’s preferred pick in the large consumer goods space from a medium to long-term perspective.
