New Street: Indian Mobile Bharti Airtel: Leading the EM Telco bull market; New all-time high; price target to INR 1,400
Not many stocks are at hitting new all-time highs currently but as one of the leading drivers of the EM Telco bull market, Bharti is. If you don’t own it, this is what you are missing. We continue to see a bullish outlook across all key assets: Indian Mobile, Africa, Enterprise, Broadband. We retain our Buy recommendation and lift our price target to INR 1,400.
Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.
New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:
- Pan European Telecom Services and Cable
- US Telecoms, Cable, Satellite and Towers
- Global Emerging Market Telecoms
- Japan Telecoms
- Asian Internet
- Pan European Healthcare
- Global healthcare thematic research
We provide debt research on:
- Pan European Telecom Services and Cable
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