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Eternal Limited (Zomato) Share Price Target at Rs 360: ICICI Securities Considers BlinkIt as Major Positive

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Eternal Limited (Zomato) Share Price Target at Rs 360: ICICI Securities Considers BlinkIt as Major Positive

ICICI Securities has reiterated a BUY rating on Eternal, setting a target price of Rs 360, implying a compelling upside of nearly 42% from the current market price of Rs 253. The brokerage underscores the company's ability to deliver sustainable and profitable growth, even amid macroeconomic volatility and seasonal headwinds. Strong execution in quick commerce, improving food delivery metrics, and…

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