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Britannia Industries Target Price Raised To Rs 6,500 As Citi Maintains ‘Buy’ On Margin Optimism
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Britannia Industries Target Price Raised To Rs 6,500 As Citi Maintains ‘Buy’ On Margin Optimism
Citi has revised Britannia Industries Ltd.'s target price to Rs 6,500 from Rs 6,200, as it remains upbeat about the company's earnings trajectory, supported by easing input costs and strategic execution.While the brokerage has maintained its 'Buy' rating it has applied a higher multiple of 52x FY27E EPS (previously 50x) to hike the target price. This comes as Citi marginally raised its financial year 2026–2028 earnings estimate for Britannia Ind…
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