Buy This Midcap Financial Services Stock, Shares Can Jump 28%, Dividend Declared: Motilal Oswal

Leading brokerage firm Motilal Oswal has a buy call on ICICI Securities, a leading brokerage firm and a subsidiary of ICICI Bank Ltd. Motilal Oswal has estimated a target price of Rs 640 per share for the stock. According to the given target price, the stock is likely to surge up to 28%.

ICICI Securities Ltd is a technology-based firm offering a wide range of financial services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. It is a mid-cap financial services sector company having a target price of Rs 16,206.44 crore.