Coal India shares rise as Jefferies raises target price to ₹485
pre-market1 source ↓written by the desknot a recommendation
- ₹485
- ₹450
- from FY26
- 9% EPS CAGR
Brokerage firm Jefferies has raised its target price for Coal India to ₹485 from ₹450, maintaining a ‘buy’ rating. The firm expects an improving earnings outlook, forecasting a 9% EPS CAGR from FY26 to FY28, supported by stable demand and pricing. Strong cash generation and high dividend payouts enhance the stock's appeal for income-seeking investors.
Not investment advice. For informational purposes only.