$MCX Share Price Target: Jefferies initiates coverage for Multi Commodity Exchange with BUY rating, sees 20% upside

MCX Share Price Target: Global brokerage firm Jefferies has initiated coverage on shares of India's Multi Commodity Exchange (MCX) with a 'BUY' rating, projecting an upside of 20.5 per cent from the stock's current market price. MCX Share Price Target 2026The brokerage has suggested a price target of Rs 3,600 for the stock. As of 1:30 PM, the stock price of MCX trades around Rs 2,986 (up over 5 per cent). (MCX Share Price) MCX Stock Outlook Brokerage Jefferies expects India's Multi Commodity Exchange (MCX) to deliver robust earnings growth.