ICICI Securities initiated coverage on seven public sector banks with upside potential. Bank of Maharashtra and Union Bank of India show the highest upside projections. Indian Bank also received a Buy rating and a target price. Punjab National Bank and Bank of India are rated Add with moderate upside. Canara Bank and Bank of Baroda are also rated Add with upside.
Canara Bank, Bank of Baroda among 7 bank stocks with up to 26% upside potential. Own any?
Impact Score
Market Sentiment
→NeutralPrimary Sectors
ICICI Securities initiated coverage on seven public sector banks with upside potential. Bank of Maharashtra and Union Bank of India show the highest upside projections. Indian Bank also received a Buy rating and a target price. Punjab National Bank and Bank of India are rated Add with moderate upside. Canara Bank and Bank of Baroda are also rated Add with upside.
Key Highlights
ICICI Securities initiated coverage on seven public sector banks with upside potential.
Bank of Maharashtra and Union Bank of India show the highest upside projections.
Indian Bank also received a Buy rating and a target price.
Source
Economic Times
Published
2h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
No linked events found.