Buy, Sell, Hold: 11 Stocks Are Being Tracked By Analysts Today

The global financial services firm said that it liked DB Corp’s strong position in the regional print space and increasingly in radio and digital media.

Further, on the stock’s valuation front, it feels at 14 times FY19 PE, it is attractive and it also maintains a view of a possible buyback going forward.

The rating has been given by the research firm on the back of expensive valuations and tail risks. It believes that the company could compound earnings in mid-teens over the next 3-4 years.

It expects cyclical revival in domestic sales and better pricing to lead to 16 percent earnings in FY17-20.

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