Tata Consumer Products shares jump 8% after Goldman Sachs upgrade, price target hike

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Tata Consumer Products share price jumped in early trade on Wednesday after the global brokerage firm Goldman Sachs upgraded its rating on the stock and raised its price target. Shares of Tata Consumer Products jumped 8.15 percent to an intraday high of Rs 1,073.

15 per share on the NSE. Later, it trimmed some of its gains to trade at Rs 1,063.40 apiece, up 7.



17 percent. Goldman Sachs tagged a 'BUY' rating on the counter from an earlier 'Neutral' rating with a revised target of Rs 1,200 per share from an earlier recommendation of Rs 1,040 apiece. Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management.

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