Zomato Share Price Hits Life High On Bernstein's Positive Outlook …

Q: Can Bernstein buy Zomato stock?

Bernstein has issued a 'buy' call on Zomato stock, with a share price target of Rs 230. Bernstein cites levers for growth in margins and returns. Bernstein's share price target on Zomato implies 17 percent upside to the last close. Bernstein brokerage analysts have issued a 'Buy' call on Zomato stock, setting a target price of Rs 230 per share.

Q: Why did Zomato share price hit a record high?

Zomato shares opened higher at Rs 288.10 against the previous close of Rs 286.30. The stock surged 4.52% intra day to a record of Rs 299.25. Shares of Zomato hit a record high on Thursday after brokerage Bernstein assigned an outperform stance on the online food delivery firm.

Q: Is Zomato a 'outperform' stock?

In a recent update, international brokerage Bernstein has reaffirmed its 'outperform' rating on Zomato, raising its target price from Rs 275 to Rs 330. Bernstein has a positive view on Zomato’s prospects amid the growing quick commerce (QC) sector. The target price implies an upside of around 13 percent.

Dec 5, 2024 · Zomato Ltd.'s share price rose for a second consecutive session on Thursday, to hit its lifetime high after Bernstein said the stock was its top pick following an analysis of Swiggy …

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Zomato Shares Record High; Price Targets, Outlook Buy Sell Or Hold ...

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Dec 5, 2024 · Zomato shares price target, outlook: The brokerage sees a 20% upside to the stock with a target price of Rs 335. Bernstein said Zomato has a wider city presence compared to …

businesstoday.in

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Zomato Shares Just 4% Shy Of Hitting All-time High; After UBS ...

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Jun 21, 2024 · Shares of food delivery services firm Zomato after a day’s breather are again seeing traction in Friday’s trade (June 21). At the last count, shares of the new-age company …

zeebiz.com

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Zomato Share Price Hits Fresh RECORD HIGH; Up 351% In 24 …

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Sep 12, 2024 · Zomato share price hits RECORD HIGH: Shares of food delivery and quick commerce aggregator Zomato Ltd. jumped over 4.6 per cent on Thursday, September 12, to …

etnownews.com

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What's Going On With Zomato's Share Price After Upbeat Q3

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Feb 9, 2024 · Analysts at Bernstein noted that Zomato has once again set high expectations by aiming for medium-term growth of around 50% year-on-year. ... with a growth rate of 103% …

benzinga.com

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Zomato Share Price Soars Over 12% After Q1 Net Profit Rise, …

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Aug 2, 2024 · Shares of Zomato Ltd. rose to life high after the company's first quarter net profit rose, beating analyst estimates. Brokerages were optimistic on both the food delivery business …

ndtvprofit.com

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Zomato Shares At All-Time High: Brokerage Sees The Stock

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Mar 26, 2024 · Continuing its golden run, Zomato‘s share price went up around 3% to hit a new all-time high of ₹180.But, analysts at ICICI Securities think the food giant is set to continue this …

benzinga.com

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Zomato Shares Jump Back In Green As Brokerage Maintains 'Buy' …

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Zomato‘s share price jumped back in the green on Friday after a major brokerage firm maintained its positive outlook on the stock. The food delivery major’s stock had closed 0.75% lower at ...

msn.com

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Zomato Shares Off Record High, Here’s Why Bernstein Has Raised …

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Sep 13, 2024 · <p>The shares of food delivery aggregator Zomato hit a record high in early trade on September 13 but fell almost 3% from those levels intraday.</p><p

jhalak.com

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Zomato Shares Off Record High, Here’s Why Bernstein Has Raised …

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Sep 13, 2024 · This implies it sees a potential upside of 16% in the Zomato share price from the closing of September 12. Bernstein is of the view that Zomato is prioritising long-term …

eqwires.com

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Zomato Share Price Tumbles Up To 6% After Climbing All-time High ...

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Sep 16, 2024 · Zomato share price tumbled by as much as 6 per cent to day's low price of Rs 269.5 per share (September 16) in Monday's trade from its all-time high price hit on Friday …

zeebiz.com

FAQs about Zomato Share Price Hits Life High On Bernstein's Positive Outlook … Coupon?

Can Bernstein buy Zomato stock?

Bernstein has issued a 'buy' call on Zomato stock, with a share price target of Rs 230. Bernstein cites levers for growth in margins and returns. Bernstein's share price target on Zomato implies 17 percent upside to the last close. Bernstein brokerage analysts have issued a 'Buy' call on Zomato stock, setting a target price of Rs 230 per share. ...

Why did Zomato share price hit a record high?

Zomato shares opened higher at Rs 288.10 against the previous close of Rs 286.30. The stock surged 4.52% intra day to a record of Rs 299.25. Shares of Zomato hit a record high on Thursday after brokerage Bernstein assigned an outperform stance on the online food delivery firm. ...

What is the target price for Zomato shares?

Zomato shares price target, outlook: The brokerage sees a 20% upside to the stock with a target price of Rs 335. Bernstein said Zomato has a wider city presence compared to Swiggy. Zomato shares opened higher at Rs 288.10 against the previous close of Rs 286.30. The stock surged 4.52% intra day to a record of Rs 299.25. ...

Are Zomato shares gaining traction after a day's breather?

Shares of food delivery services firm Zomato after a day’s breather are again seeing traction in Friday’s trade (June 21). At the last count, shares of the new-age company traded with gains of 0.89 per cent at Rs 198.7, while at day’s high it scaled to levels of Rs 199.9, just 3.7 per cent away from hitting its all-time high price of Rs 207.3. ...

What happened to Bernstein on Zomato?

What Happened: Bernstein maintained its “buy” rating on Zomato with a target price of ₹230, emphasising the company’s robust market leadership, pricing power, and efficient delivery system. The brokerage firm’s target indicates an around... ...

Is Zomato a 'outperform' stock?

In a recent update, international brokerage Bernstein has reaffirmed its 'outperform' rating on Zomato, raising its target price from Rs 275 to Rs 330. Bernstein has a positive view on Zomato’s prospects amid the growing quick commerce (QC) sector. The target price implies an upside of around 13 percent. ...