PFIZER.NSE Pfizer Ltd.

Anand Rathi is bullish on Pfizer India has recommended buy rating on the stock with a target price of Rs 4800 in its research report dated February 10, 2023.

Pfizer Ltd is down for a fifth straight session today. The stock is quoting at Rs 4279, down 0.15% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.39% on the day, quoting at 17826.6. The Sensex is at 59796.01, down 0.51%.Pfizer Ltd has eased around 2.77% in last one month.Meanwhile, Nifty Metal index of which Pfizer Ltd is a constituent, has eased around 1.36% in last one month and is currently quoting at 12682.25, down 0.47% on the day. The volume in the stock stood at 1694 shares today, compared to the daily average of 9142 shares in last one month.The PE of the stock is 37.19 based on TTM earnings ending September 22.

The selling can be extended in the coming sessions with support at 18,100-18,000 levels, however, on the higher side, the index may face hurdles at 18,500-18,700 levels if it holds these supports