UBS, Swiggy and Buy

UBS initiates coverage on Swiggy with a 'Buy' rating
The risk-reward for the stock is attractive as it is valued at an estimated Enterprise Value (EV) to Revenue of 6.2 times, as against 9 times for Zomato, said the brokerage.
UBS Gives Swiggy A ‘Buy’ Rating, Says Plenty Of Room At The Table
Brokerage firm UBS initiated coverage on Swiggy with a 'Buy' rating and a price target of INR 515 for the upcoming 12 months
Swiggy rallies 12% in 2 days after UBS initiates coverage with 'Buy' rating
UBS believes Swiggy is well positioned to benefit from the rapid growth in India's food delivery and quick commerce markets with an estimated GMV and revenue CAGR of 35% and 29% over FY24-27e.
Swiggy Share Price Target: UBS Gives Maiden Buy Rating - What's Driving Growth
Shares of food delivery giant, Swiggy Limited, soared over 6 per cent to Rs 456 in morning trade on November 27, 2024. At the time of this report, the Swiggy stock had risen 6.2 per cent to Rs 458, bringing the company’s market capitalization to Rs 1 lakh crore or 10.
Swiggy shares rally another 8% as brokerages back growth potential
Swiggy's stock rose 8.1% to Rs 499 after UBS initiated coverage with a "Buy" rating and Rs 515 target. Analysts highlight growth potential amid operational challenges and competition.
UBS Bites Into Swiggy: Sees Growth In Food Delivery, Quick Commerce
UBS initiated coverage on Swiggy with a ‘buy’ rating and a target price of Rs 515, citing significant growth potential in India’s online food delivery and quick commerce markets. The company, which recently listed on Nov. 13, is well-positioned to benefit from its improving margins and scale, the brokerage noted.
Swiggy share price gains 7% as UBS initiates coverage with 'buy' rating
Swiggy rallied 7 per cent on Tuesday after UBS initiated coverage on the stock with a ‘buy’ rating, citing a “significant” valuation discount to rival Zomato. The brokerage has set a 12-month price target of Rs 515. Shares of Swiggy ended at Rs 462, valuing the company at Rs 1.03 trillion.
Swiggy shares rally 4% as UBS initiates coverage with Rs 515 target price
Shares of newly-listed Swiggy climbed as much as 4% on Monday to Rs 448.65 on BSE after brokerage UBS initiated coverage on the leading food delivery player with a ‘buy’ rating and a target price of Rs 515,
UBS expects Swiggy shares to deliver 20% upside from current levels for a ₹515 target
Global brokerage firm UBS has initiated coverage on Swiggy Ltd., the food delivery aggregator and Zomato Ltd.'s competitor, with a 'Buy' rating and a price target of ₹515. The price target ascribed by UBS,
Swiggy Shares Rise 6% After UBS Initiates Coverage, Analysts See Up To 26% Upside
Will Swiggy Deliver Better Returns? The brokerage said that Swiggy is well-positioned for growth, currently trading at a 35% discount to Zomato
Analytics Insight11h
Swiggy Share Price Gains 12% Since Listing as UBS Sets Target Price at INR 515
Since its opening on November 13, 2020, Swiggy's share price has increased by more than 12% from its IPO price of INR 412. As ...
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Swiggy Rallies 8% Amid Broader Market Decline
Shares of Swiggy rallied over 8% on November 27 to INR 499 apiece on the BSE despite a decline in the broader Indian markets.
Forbes India15h
Tech5: Intel gets $8 billion US grant, UBS says Swiggy is a 'Buy', and more
The grant, slightly lower than the initially announced $8.5 billion, reflects Intel’s $3 billion contract with the Department ...