Jefferies, Deutsche Bank initiate Eros International at Buy

|About: Eros International Plc (EROS)|By:, SA News Editor

Jefferies and Deutsche Bank are bullish on Eros International (EROS +0.6%), initiating shares at Buy with $14 and $20 PTs respectively.

Jefferies analyst Randal Konik: "Eros is a pioneer in Indian filmed entertainment that is well positioned to capitalize on multiple growth opportunities within India and globally. This is a company that provides exposure to a growing industry in an expanding economy at what we view as a favorable valuation."