Jefferies raises ITC Hotels target to Rs 270 post Q1 results; will the stock rally further from here?
Global brokerage Jefferies has raised its target price on ITC Hotels to Rs 270, up from Rs 240 earlier. This hints at an upside potential of around 13 per cent from current levels. Jefferies retained its ‘buy’ rating on this stock. ITC Hotels Q1 results ITC Hotels delivered a 53.4 per cent jump in Q1 profit to Rs 133.71 crore, driven by…