Should you buy Cipla, IGL, HPCL, PNB, other stocks today? Here's what brokerages recommend

Here's what foreign brokerages make of stocks such as JSW Steel, Cipla, Indraprastha Gas Ltd (IGL) and HPCL.

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As Dalal Street enters the January 29 session, brokerages have several stocks recommendations on their radar. Here's what CLSA, Morgan Stanley, Jefferies, Goldman Sachs, HSBC, Citi and Macquarie make of stocks such as JSW Steel, Cipla, Indraprastha Gas Ltd (IGL) and HPCL:

JSW Steel share target price

CLSA has maintained an 'underperform' rating on JSW Steel with a target of Rs 820, while Morgan Stanley has maintained an 'underweight' rating on the stock with a target of Rs 620.

Jefferies has maintained a 'hold' call on JSW Steel with a target of Rs 800.

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Citi has maintained a 'sell' call on JSW Steel with a target of Rs 675.

Macquarie has maintained a 'neutral' rating on JSW Steel with a target of Rs 841.

SBI Life share target price

Five brokerages, CLSA, Goldman Sachs, HSBC, Nomura and Jeffeires have recommended buying SBI Life Insurance shares for a target of Rs 1,730, Rs 1,700, Rs 1,720, 1700, and 1,700 respectively.

Morgan Stanley has maintained an 'overweight' rating on SBI Life with a target of Rs 1,770.

Macquarie has maintained a 'neutral' rating on SBI Life with a target of Rs 1,600.

IGL share target price

Citi has maintained a 'buy' rating on Indraprastha Gas Ltd (IGL) with a target of Rs 510.

Jefferies has maintained a 'hold' call on IGL with a target of Rs 430.

Morgan Stanley has maintained an 'equalweight' rating on IGL with a target of Rs 413.

IEX share target price

Jefferies has maintained an 'underperform' rating on Indian Energy Exchange (IEX) with a target of Rs 120.

HPCL share target price

Both JPMorgan and Nomura have maintained a 'neutra' rating on Hindustan Petroleum Corporation Ltd (HPCL) with a target of Rs 370 and Rs 305, respectively.Morgan Stanley has an 'overweight' rating on HPCL with a target of Rs 555, while Jefferies has maintained an 'underperform' rating on the stock with a target of Rs 330.

Citi has maintained a 'buy' call on HPCL with target of Rs 505.

Cipla share target price

JPMorgan has maintained an 'overweight' rating on Cipla with a target of Rs 1,450, while CLSA has maintained an 'outperform' rating on the stock with a target of Rs 1,480.

Nomura has maintained a 'buy' call on Cipla shares with a target of Rs 1,353.

PNB share target price

JP Morgan has a 'neutral' rating on Punjab National Bank with a target of Rs 100.

Morgan Stanley has maintained an 'underweight' rating on PNB with a target of Rs 63.

Citi has maintained a 'sell' call on PNB with a target of Rs 83, while Jefferies has maintained a 'hold' call on the stock with a target of Rs 100.

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