Buy Latent View Analytics: IIFL Securities's Target Price Rs 568

IIFL Securities recommends buying Latent View Analytics shares at the current market price of Rs 548.4, with a target price of Rs 568. The brokerage firm is bullish on the company's strong growth prospects, driven by its expertise in data analytics and its focus on high-growth industries. IIFL Securities believes that Latent View Analytics is well-positioned to benefit from the increasing demand for data-driven insights in the post-pandemic world.

About Latent View Analytics:

Latent View Analytics is an India-based data analytics and AI company listed on the National Stock Exchange of India (NSE). Founded in 2006, it provides end-to-end AI and analytics solutions for various industries, including retail, CPG, healthcare, manufacturing, and financial services. The company leverages data science, machine learning, and advanced analytics to help clients improve decision-making, optimize operations, and drive business growth. Latent View Analytics has a global presence with offices in the United States, the United Kingdom, the Netherlands, and India.

52 Week Price Trend:

Latent View Analytics stock is currently trading at Rs 548.4, near its 52-week high of Rs 544.8. This suggests that the stock has been performing well and is currently at a relatively high price point. However, it is important to note that the stock has also experienced a significant decline in the past year, with its 52-week low being Rs 310.45. Investors should therefore consider the stock's historical performance and market conditions before making any investment decisions.

Stratzy's MOST Analysis:

LATENTVIEW has been assigned a BB- rating by Stratzy's MOST framework, indicating a Medium Fundamental Risk. This rating is a composite of scores assigned to the company's Management, Outlook, Safety, and Trend pillars. The framework evaluates these factors to assess the overall strength of a company's fundamentals. In LATENTVIEW's case, the BB- rating suggests that while the company exhibits some strengths in these areas, there are also areas where improvement can be made to mitigate potential risks.

Fundamental and Technical information provided in this blog were last updated on 03 Apr, 2024

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