Evolution of the Average Target: Dr. Reddy's Laboratories Limited

Evolution of the Target Price: Dr. Reddy's Laboratories Limited

Changes in Analyst Recommendations: Dr. Reddy's Laboratories Limited

e76813c8.B3lGINQl4tjy0PymIE6Eg76id6YYT8TYiuCfrgCcOng.TwkxVrpLoIi95J78Vhvl-uyVPZJuPLzp69Hlg2ntchF1IChU5mun7rG7sQ~22a479c4f526c03d309ab97f835eb02d
07-10 Elara Securities India Downgrades Dr. Reddy's Laboratories to Reduce From Accumulate; Price Target is INR1,283 MT
06-22 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,740 From INR1,600, Keeps at Buy MT
01-23 YES Research Upgrades Dr. Reddy's Laboratories to Add from Reduce, Price Target is INR1,340 MT
01-23 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,600 From INR1,580, Keeps at Buy MT
01-22 ICICI Securities Upgrades Dr. Reddy's Laboratories to Add from Hold, Price Target is INR1,300 MT
01-22 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,040 from INR1,100, Keeps at Underperform MT
30/10/25 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,580 From INR1,650, Keeps at Buy MT
27/10/25 Choice Equity Upgrades Dr. Reddy's Laboratories to Add from Reduce; Price Target is INR1,380 MT
27/10/25 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,650 From INR1,660, Keeps at Buy MT
27/10/25 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,130 From INR1,100, Keeps at Underperform MT
13/10/25 BNP Paribas Exane Initiates Dr. Reddy's Laboratories at Neutral With $13.18 Price Target MT
25/07/25 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,660 From INR1,575, Keeps at Buy MT
24/07/25 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,100 From INR1,010, Keeps at Underperform MT
12/05/25 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,010 from INR1,170, Keeps at Underperform MT
27/01/25 Nomura Adjusts Dr. Reddy's Laboratories' Price Target to INR1,575 From INR1,500, Keeps at Buy MT
24/01/25 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,170 From INR1,210, Keeps at Underperform MT
20/12/24 Nomura Upgrades Dr. Reddy's Laboratories to Buy From Neutral, Cuts Price Target to 1,500 Indian Rupees From 6,499 Indian Rupees MT
06/11/24 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR1,130 From INR1,120, Keeps at Underperform MT
29/07/24 Jefferies Adjusts Dr. Reddy's Laboratories' Price Target to INR5,600 From INR5,010, Keeps at Underperform MT
08/05/24 Jefferies Adjusts Dr. Reddy’s Laboratories’ Price Target to INR5,010 From INR5,040, Keeps at Underperform MT
29/01/24 Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $80 From $75, Keeps Overweight Rating MT
30/10/23 Jefferies Adjusts Dr. Reddy’s Laboratories’ Price Target to INR6,250 From INR6,330, Keeps at Buy MT
27/07/23 Jefferies Adjusts Dr. Reddy Laboratories’ to INR6,300 From INR5,600, Keeps at Buy MT
01/06/23 Barclays Adjusts Price Target on Dr. Reddy's Laboratories to $70 From $67, Maintains Overweight Rating MT
30/01/23 Nomura Adjusts Dr Reddy's Laboratories' Price Target to INR5,161 From INR5,552, Keeps at Buy MT

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
+9.69%
+14.46%
+0.15%
+7.85%
+3.73%
-3.15%
+31.21%
-10.87%
+3.62%
+4.25%
Average +6.09%
Weighted average by Cap. +6.98%


Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
39
Last Close Price
1,154.00INR
Average target price
1,265.77INR
Spread / Average Target
+9.69%
High Price Target
1,740.00INR
Spread / Highest target
+50.78%
Low Price Target
1,039.00INR
Spread / Lowest Target
-9.97%

Analyst Consensus Detail

Consensus revision (last 18 months)

Trader
Investor
Global
Quality
ESG MSCI
BBB
  1. Stock Market
  2. Stocks
  3. DRREDDY Stock
  4. Consensus Dr. Reddy's Laboratories Limited