GMR Airports stock: Jefferies initiates coverage, sees 15% upside, EBITDA likely to triple in 5 years
Brokerage firm Jefferies has initiated coverage on GMR Airports Infrastructure Ltd, giving a ‘Buy’ rating with a target price of ₹100. The price target suggests a possible increase of 15% from the current levels. Jefferies says that GMR Airports is transitioning from a utility model to a retail consumption focus, poised to benefit from robust … Read more