Brokerages raise SBI target price after Q1 earnings beat
State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts' expectations for their June-quarter earnings. Most brokerages expressed continued optimism for the lender, with several firms increasing their target prices while maintaining a positive outlook. The consensus 12-month target price indicates a considerable potential upside from Monday's closing figures.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
