BSE Code: | NSE Code: | ISIN: | Sector:

NSE
349.35
Change Change %
8.15 2.39%

Updated:19 Jan, 2018, 15:54 PM IST

BSE
348.30
Change Change %
8.05 2.37%

Updated:19 Jan, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
27-07-2017 Buy 1776.85 2087.00
N/A
Open Long (1Y)
27-07-2018

Edelweiss maintains buy on Yes Bank

Edelweiss has maintained buy on Yes Bank for target price of Rs 2,087. It says the bank's progress in branch banking will aid it clock best-in-class return ratios, reduce volatility and fuel re-rating. At CMP, the stock trades at 2.7x FY19E P/ABV, attractive for a bank that has delivered >30% earnings CAGR in past 5 years and estimated to clock >30% CAGR over FY17-19. Maintain 'BUY/SO' with TP of INR2,087 (on 3.25x FY19E P/BV).

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