Credit Suisse upgrades ONGC to ‘Outperform’, raises target price to Rs 220
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Credit Suisse upgrades ONGC to ‘Outperform’, raises target price to Rs 220

Despite delivery of reform, ONGC trades at a 25% discount to global peers on P/CF, higher than historical average (16%). Fundamentals continue to improve, with rising domestic gas/oil production. The post Credit Suisse upgrades ONGC to Outperform , raises

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Credit

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Suisse

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upgrades

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ONGC

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Outperform

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raises

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220

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