Buy SBI for target price of 673 (45% gain): ICICI Securities

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Jun 15, 2022.

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  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Buy SBI for target price of 673 (45% gain). It has set new standard in banking excellence. GNPAs at decadal low, Credit growth of 13%/15% for FY23E/FY24E, asset resolution & stable NIMs will drive RoE to >16% by FY23E/FY24E & valuation to 1.5x Sep 23E book

    Click here to download research report
     
    Vidhi Khanna, Jun 15, 2022
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