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AXISBANK Share Price Target

Axis Bank Ltd.
Sector: Banks
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AXISBANK Long Term Analysts Rating
4.5/5 (45 Ratings)
AXISBANK Share Price *
738.3 +1 (0.14%)
* (quote may be delayed)

47 AXISBANK share price target reports by brokerages below. See what is analyst's view on AXISBANK share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.


You can also find AXISBANK share price target tomorrow or next week from AXISBANK discussion forum.

AXISBANK Share Price Forecast - Consensus
No. of reports in last year
47
No. of analysts
16
Average Consensus Forecast
827.34
Consensus Potential
10.26%

AXISBANK Share Price Target - Broker Reports - 2019

Angel Broking
24-Oct-19
Price @ Call: 710.93
Target: 860
BUY
Axis Bank currently trades at 2x its FY2021E price to book value (after adjusting value of subsidiaries). We expect the stock to get re-rated owing to (1) new leadership, (2) receding stressed loan pool, and (3) improvement in return ratios (ROA/ROE – 1.5%/15% by FY2021E). We recommend Buy on the stock with a Target Price of Rs 860.
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Reliance Securities
23-Oct-19
Price @ Call: 719.19
Target: 800
BUY
While we raise our estimates on slippages and credit costs, earnings for FY20E/21E are higher by 4%/10% driven by improving NIM outlook and better operating efficiency. With RoA/RoE at 1.4%/15% for FY21E, we revise our recommendation on the stock to BUY from HOLD with a revised Target Price of Rs800 (from Rs770 earlier), valuing the bank at 2.5x FY21E ABV.
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India Nivesh
23-Oct-19
Price @ Call: 719.19
Target: 730
ACCUMULATE

Prabhudas Lilladher
23-Oct-19
Price @ Call: 712.7
Target: 800
ACCUMULATE
Axis bank’s earnings were impacted by large DTA adjustment of Rs21.0bn(we incorporated in full year’s earnings) leading to marginal loss of Rs1.1bn.Although, operationally better NII growth of 16.6% YoY, strong treasury led other income and control in opex translated to strong PPOP growth of 45% YoY (30% on ex-treasury). Asset quality marginally saw improvement partly helped by write-offs but slippages have remained at elevated levels (3.9% annualized) with bulk from the disclosed stress accounts. Bank has seen trickle of improvements in metrics like funding cost, continued retail deposit accretion & cost control but credit cost has been up as corporate stress continues to rise, CASA has been much slower and pricing power is limited leading to a very gradual recovery in return ratios. We retain Accumulate, with TP of Rs800 (unchanged) based on 2.2x Sep-21 ABV.
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ICICIdirect.com
23-Oct-19
Price @ Call: 712.7
Target: 865
BUY
The future profitability to be driven by management’s focus to improve operationally & grow risk adjusted return business. Bank’s exposure worth |7000 crore to tainted corporates is seen keeping credit cost higher for FY20E. Factoring in capital raise of Rs 12500 crore & impact of reduction in tax rate, we lower our PAT estimates by 34%/3% for FY20E/21E, respectively. Accordingly, we revise ABV estimate downwards by 10%/8% for FY20E/FY21E, respectively. Given the strong operational performance and focus on risk adjusted return oriented business, we remain positive on the bank and maintain our target price of Rs 865, valuing the core bank at 2.6x FY21E ABV and adding Rs 35 for subsidiaries post 20% holding company discount. We maintain BUY rating.
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HDFC Securities
1-Oct-19
Price @ Call: 679.17
Target: 986
BUY

Sharekhan
20-Sep-19
Price @ Call: 638.25
Target: 860
BUY
Axis Bank stock has recently corrected by ~10% in past two months which we believe factors in near term concerns. The bank now trades at ~2.1x times FY21E book value which we believe is reasonable.Amidst a weak competitive landscape, Axis bank is well positioned tobenefit from the available opportunities. Its improving fundamentalsmake it a probable candidate for potential re-rating, since its valuationsoffer significant headroom as compared to other peers in private banking space. Its robust franchise, adequate capitalization, and de-risking bookmake it attractive franchise, and the recent price correction make the risk-reward favorable. We maintain our BUY rating with an unchanged Price target of Rs 860.
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Geojit Financial Services
30-Aug-19
Price @ Call: 653.38
Target: 717
HOLD
The bank’s resilient growth trajectory along with the focus on asset quality metrics, strengthening of balance sheet and healthy margins will be the key going forward. Hence, we retain our HOLD rating on the stock with an upward revised target price of Rs. 717 based on 2.1x FY21E BVPS.
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Arihant Capital Markets
2-Aug-19
Price @ Call: 674.45
Target: 712
HOLD
Operating performance of the bank remained strong but asset quality continued showing some sign of stress. However, Banks prudent provisioning and disclosures outside the ‘BB & below’ pool led to increase in credit cost. Management has maintained its RoE guidance of 18% over the medium term. Any material improvement in return ratios will be a lay to rollout in stock performance. We cut our FY20 PAT estimates by 11% and expect RoE to be 14% for FY21E, factoring in higher provisioning and increase in credit cost. We have valued the stock at the P/ABV of 2.5x to its FY21E and arrived at a fair value of Rs 712 per share giving an upside of 7%. At CMP of Rs 669 the stock is available at its FY21E P/ABV of 2.3(x). We have a ‘Hold’ rating on the stock.
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Angel Broking
2-Aug-19
Price @ Call: 674.45
Target: 850
BUY
Axis Bank currently trades at 2x its FY2021E price to book value (after adjusting value of subsidiaries). We expect the stock to get re-rated owing to (1) new leadership, (2) limited stressed loan pool, and (3) improvement in return ratios (ROA/ROE – 1.22%/14.2% by FY2021E). We recommend Buy on the stock with a Target Price of 850.
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Nirmal Bang
2-Aug-19
Price @ Call: 674.45
Target: 786
BUY
We have revised our NII estimates by -0.9%/-1.6%, PPOP estimates by -1.8%/0.6% and PAT estimates by -2.5%/-0.2%, for FY20/FY21, respectively. We have retained Accumulate rating on ABL, revising our target price to Rs786 (from Rs806 earlier), valuing the stock at 2x FY21E standalone P/BV, and ascribing a value of Rs 36 to the subsidiaries.
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HDFC Securities
31-Jul-19
Price @ Call: 677.63
Target: 900
BUY
With the worst long behind AXSB (in terms of asset quality), the near term forewarning is not too disconcerting. As our earnings have consistently, and conservatively lagged consensus, they dip merely 3/4% for FY20/21E to factor in higher provisions. Numerous strategic changes, give us confidence on the bank’s ability to face macro headwinds and thus stay put on its long term trajectory. In line operating performance and higher provisions resulted in a PAT miss. In spite of higher slippage guidance, our already conservative earnings haven’t suffered much. MAINTAIN BUY with a TP of Rs 900 (2.8x Jun-21E ABV of Rs 311+ Rs 27 for subs).
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Sharekhan
31-Jul-19
Price @ Call: 706.55
Target: 860
BUY
We believe these disclosures are likely to delay the RoE expansion cycle for the bank, as probability of credit costs rises for FY20E. We thus raise our credit cost estimates for FY20E/FY21E, building in higher provision trajectory. While we maintain our BUY rating on the stock, we revise our Price Target to Rs 860.
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Motilal Oswal
31-Jul-19
Price @ Call: 706.55
Target: 825
BUY
AXSB has delivered a modest quarter in a challenging economic environment. We cut our FY20/21 earnings estimates by 7%/6% to factor in the slight increase in our credit cost. Post a strong performance of last couple of quarters, Q1 earnings and outlook reflect the deterioration in the underlying lending environment, which can further risks our estimates. Core operating profitability is getting good, helping to mitigate some credit cost pressures. Improvement in RoA / RoE matrix will be a key to sustain the stock’s performance. Buy with a target price of INR825 (2.5x FY21E ABV).
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ICICIdirect.com
31-Jul-19
Price @ Call: 677.63
Target: 850
BUY
The long term focus continues to remain on offering loans with higher risk weighted return. The remaining | 7000 crore of exposure to stressed names still standard to keep credit cost higher in FY20E. Accordingly, we cut our PAT & advances growth estimates by ~19% & 2.3%, respectively, for FY20E.However, we remain positive on management’s effort to build a sustainable franchise. We value subsidiaries at | 35 per share, post 20% holding discount. Factoring capital raising and subsequent dilution in return ratios, we cut down our target multiple from 2.9x earlier to 2.4x. Accordingly, we revise our target price to Rs 850 (earlier Rs 880) and maintain our BUY rating.
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Prabhudas Lilladher
30-Jul-19
Price @ Call: 714.58
Target: 766
ACCUMULATE
Axis bank’s earnings came in lower than estimates at Rs13.7bn (PLe: Rs18.6bn) despite better other income and strong opex gains which were offset by higher contingency provisions and slightly slower NII. Bank gave out new & additional disclosure on stress book outside the BB & Below which were Rs71.0bn (adjusted for already in below BB & NPA) which is another 1.3% of assets taking overall stress close to 3.0%. Although, bank has been making additional provisions (Rs23bn of contingent provisions) over and above and maintaining PCR at 62%. Risks have increased to asset quality and so has credit cost assumptions (interest reversals with that) making it quite tougher for bank to reach the desired targeted ROEs of 15/18% by FY21/FY22. We retain our cautious stance with ACCUMULATE rating though post recent correction valuations have come into desirable zone but still higher than some other peer banks. We revise our TP to Rs766 (from Rs837) based on 2.4x (from 2.6x) Mar-21 ABV.
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Motilal Oswal
26-Jun-19
Price @ Call: 788.24
Target: 925
BUY
Though the bank has strong management team and a well-articulated strategy in place the execution is going to be critical to deliver long-term sustainable growth and earnings. NPL cycle has shown improvement signs and we estimate earnings to recover though credit cost trajectory can still remain uneven given sluggish macro. We thus estimate RoA/RoE to improve to 1.4%/17.0% by FY21 and maintain our Buy rating with a TP of INR925 (2.7x FY21E ABV + INR42 for subsidiaries).
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HDFC Securities
24-Jun-19
Price @ Call: 771.95
Target: 895
BUY
Over FY19, AXSB has demonstrated meaningful improvement in performance metrics. Profitability improved for the retail and wholesale businesses (loss in FY17 & 18). After growing briskly over FY17- 18, SA traction slowed for the bank and system. With moderating slippages and LLPs, AXSB changed course over FY19 towards normalised earnings and RoAAs. Improving asset quality (with rising coverage), better risk practices, focus on high yielding retail products and cost consciousness will drive earnings. Maintain BUY with SOTP value of Rs 895 (2.8x FY21E ABV of Rs 309 + Rs 30 for subs).
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Investec Securities
20-May-19
Price @ Call: 748.15
Target: 880
BUY

Angel Broking
6-May-19
Price @ Call: 755
Target: 864
BUY
Axis Bank currently trades at 2.2x its FY2021E price to book value (after adjusting value of subsidiaries). We expect the stock to get re-rated owing to (1) new leadership, (2) limited stressed loan pool, and (3) improvement in return ratios (ROA/ROE – 1.23%/114.7% by FY2020E). We recommend Buy on the stock with a Target Price of Rs 860.
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ICICIdirect.com
26-Apr-19
Price @ Call: 744.45
Target: 880
BUY
The focus of new CEO is on loans offering higher return on risk-weighted basis and tight control on cost is seen enhancing return ratios. Contingent provision of | 600 crore in Q3 provides comfort. Recovery from NCLT cases could act as positive surprise. We expect credit & deposit CAGR of 18.6% & 15.2% respectively & PAT CAGR of 48% over FY19-21E with RoA and RoE of 1.3% and 14.8%, respectively, by FY21E. We also build in value for its subsidiaries at Rs 35 per share, post 20% holding company discount. We remain positive on the bank and revise our target price upward to Rs 880 (earlier Rs 825) valuing core bank at 2.9x FY21E ABV. We maintain our BUY rating.
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Elara Capital
26-Apr-19
Price @ Call: 744.45
Target: 838
ACCUMULATE
We are of view, under the new CEO efforts are being directed to strike a balance between profit and growth to deliver on its 18% ROE target by FY22E. Performance would improve with stable margin, higher retail fees, containment in operating cost and low credit cost. We expect RoE of11.8% for FY20E &15.9% for FY21E; hence, we reiterate Accumulate with a revised TP of INR 838 (from INR 835) as we value the bank entity at INR 784 at 2.4x (from 2.7x FY20E) FY21E P/ABV and subsidiaries, excluding the parent bank’s equity investments, at INR 54 (unchanged).
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Nirmal Bang
26-Apr-19
Price @ Call: 744.45
Target: 818
ACCUMULATE
We have revised our NII estimates by -2.8%/-3.0%, PPOP estimates by -2.3%/-4.1% and PAT estimates by -2.1%/-3.9%, for FY20/FY21, respectively. We have retained Accumulate rating on ABL, revising our target price to Rs818 (from Rs819 earlier), valuing the stock at 2x FY21E standalone P/BV, and ascribing a value of Rs 36 to the subsidiaries.
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HDFC Securities
26-Apr-19
Price @ Call: 751.97
Target: 896
BUY
The appointment of a transformational leader at the helm along with a near complete top mgt rejig make AXSB stand out vs. peers. This is supported by change in credit/ risk practices. (1) Improving margins, (2) Reduction in LLPs and (3) Improving operating efficiency will facilitate the achievement of the guided RoEs (~18%) by FY21E. While numerous strategic changes and the qtr’s performance lend credibility to this target, we have conservatively factored in RoAEs of 15.5% over FY19-21E. AXSB remains our preferred bet amongst pvt banks.
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Motilal Oswal
26-Apr-19
Price @ Call: 751.97
Target: 875
BUY
AXSB has delivered a steady performance and is taking the right steps toward achieving its medium-term goal of delivering a sustainably high RoE of ~18%. With a capable management team and an improving outlook on credit cost, opex and margins, we expect earnings to accelerate. We maintain our Buy rating on the stock with a target price of INR875 (2.6x Mar’21E ABV for the standalone bank).
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Dolat Capital
26-Apr-19
Price @ Call: 751.97
Target: 840
BUY
We have factored a RoA expansion to 1.4% by FY21E driven by 1) improved credit costs, improved cost efficiency and steady NIMs. We have lowered our NIM trend, but improved credit costs outlook aiding an increase in RoA estimate by 30bps. We increase our multiple on a reduced leverage.
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Reliance Securities
26-Apr-19
Price @ Call: 751.97
Target: 800
HOLD
Looking ahead, we expect the Bank to deliver sustained improvement in operating metrics led by decline in credit costs, sustained balance sheet growth, and improvement in operating efficiency. Consequently, ROE/RoA is expected to improve to 16%/1.5% for FY21E against 7%/0.6% for FY19E. Our earnings estimate for FY20E has been revised lower, factoring in the additional provisioning requirements against non-banking asset over the next three quarters. With positives largely priced in valuations, we maintain our HOLD recommendation on the stock with a revised Target Price of Rs800 (from 820 earlier), valuing the stock at 2.5x FY21E ABV.
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Nalanda Securities
26-Apr-19
Price @ Call: 751.97
Target: 882
BUY
At a CMP of 745, the stock is trading at FY21E adjusted P/BV of ~2.5x. The bank use to trade at 2.7x of its last three years forward Adj. P/BV, we have assigned similar multiple (and valued subsidiaries separately) to arrive at a fair value of INR 882 per share, seeking an upside of 18.4% from the current levels. We strongly recommend to buy Axis Bank on account of 1) superior performance 2) reversal of NPA cycle 3) new credible management and 4) expectation of improvement in each and every parameter in the coming years.
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Sharekhan
26-Apr-19
Price @ Call: 751.97
Target: 900
BUY
The Bank currently trades at attractive valuations of 2.4x FY2021E BV. Considering the renewed focus on business and organizational improvement along with NPA peaking (due to exogenous and internal factors), we find that Axis Bank fundamentals and business model strength have improved. We therefore maintain our BUY rating with a revised PT of Rs 900.
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Prabhudas Lilladher
25-Apr-19
Price @ Call: 748.64
Target: 837
ACCUMULATE
Axis bank’s earnings were marginally below estimates at Rs15.0bn (PLe: Rs15.7bn) mainly as strong other income growth was used to make additional higher provisions on certain balance sheet items. NII growth came in at 20% tad lower than estimates as bank’s focus to push retail term deposits led tostrong funding cost rise but some pass on through yields helped NIMs being largely steady. Bank expects in medium term NIMs to move towards 3.8% but will be flattish in FY20 mainly on challenges from lending mix & liability accretion which remains core factor of our concern to take ROEs towards 18% by FY22. We retain Accumulate rating with revised TP to Rs837 (from Rs845) based on 2.6x Mar-21 ABV post factoring in the reserve adjustment.
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Nirmal Bang
27-Mar-19
Price @ Call: 757.2
Target: 819
ACCUMULATE
We revise our estimates upward for FY20/FY21 but downgrade ABL to Accumulate from Buy rating, revising upward our target price to Rs819 (from Rs762 earlier), valuing the stock at 2.1x FY21E (2.8x FY20E) standalone P/BV and ascribing a value of Rs 33 to the subsidiaries.
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HDFC Securities
25-Mar-19
Price @ Call: 757.35
Target: 894
BUY
Other excerpts from our interaction include: (1) Potential fund raise after 12 months, (2) Focus on ramping up subsidiaries' operations, (3) Uncertainty on the acquisition of an insurance business (MD's home turf). We remain constructive on the stock despite its recent outperformance (+30% in the past 4 months) on a/c of the aforementioned factors amongst others. Maintain BUY with a revised SOTP TP of Rs 894 (2.8x FY21E ABV of Rs 308 + Rs 32 for subs).
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ICICIdirect.com
22-Mar-19
Price @ Call: 755.55
Target: 825
BUY
The new CEO has outlined his strategy focused on acceleration in growth, improving earnings and increasing sustainability. Accordingly, focus on loans offering higher return on risk-weighted basis and tight control on cost is seen enhancing return ratios. Contingent provision of | 600 crore in Q3 provides comfort. Recovery from NCLT cases could act as positive surprise. We expect PAT CAGR of 76% over FY19-21E with RoA and RoE of 1.3% and 15.4%, respectively, by FY21E. We also build value for its subsidiaries at | 35 per share, post 20% holding company discount. We remain positive on the bank and upgrade our target price to Rs 825 (earlier Rs 790) valuing core bank at 2.6x FY21E ABV. We maintain BUY rating.
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Sharekhan
22-Mar-19
Price @ Call: 762.31
Target: 850
BUY
The Bank currently trades at attractive valuations of 2.4x FY2021E BV. Considering the renewed focus on business and organizational improvement along with NPA peaking (due to exogenous and internal factors), we find that Axis Bank fundamentals and business model strength have improved. We introduce estimates for FY2021E and roll over the target multiple for the same. We therefore maintain our BUY rating with a revised PT of Rs 850.
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Dolat Capital
20-Mar-19
Price @ Call: 759.69
Target: 840
ACCUMULATE
With the share of retail increasing to ~70% by FY21 from 62% and likely continued interest in the stock; as it is one of the better bets in the current systemic growth trends with a lower probability of negative surprises; we raise our target multiple, maintain Accumulate.
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Prabhudas Lilladher
20-Mar-19
Price @ Call: 761
Target: 845
ACCUMULATE

Motilal Oswal
20-Mar-19
Price @ Call: 761
Target: 875
BUY
AXSB has delivered a strong performance with multi-quarter high earnings. With a capable management team in place and an improving credit cost/margins outlook, we believe the bank is likely to see earnings accelerate in the coming years. AXSB has already increased PCR to 75%, which should curb incremental provisioning requirement. We, thus, expect RoA/RoE to improve to 1.3%/16.1% by FY21. We revise our target price to INR875 (2.6x FY21E ABV for the bank + INR47 per share for subsidiaries) and reiterate a Buy rating.
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Angel Broking
15-Feb-19
Price @ Call: 688.84
Target: 860
BUY
Axis Bank currently trades at 2.1x its FY2021E price to book value (after adjusting value of subsidiaries). We expect the stock to get re-rated owing to (1) new leadership; (2) limited stressed loan pool; (3) improvement in return ratios (ROA/ROE – 1.1%/12.2% by FY2020E). We recommend Buy on the stock with a Target Price of Rs 860.
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Motilal Oswal
8-Feb-19
Price @ Call: 729.35
Target: 850
BUY

Karvy Stock Broking
5-Feb-19
Price @ Call: 726.87
Target: 605
SELL

Dolat Capital
4-Feb-19
Price @ Call: 716.18
Target: 760
ACCUMULATE

Reliance Securities
4-Feb-19
Price @ Call: 716.18
Target: 750
HOLD

Nirmal Bang
2-Feb-19
Price @ Call: 720.88
Target: 762
BUY

ICICIdirect.com
1-Feb-19
Price @ Call: 720.88
Target: 790
BUY

HDFC Securities
1-Feb-19
Price @ Call: 720.88
Target: 743
BUY

Prabhudas Lilladher
30-Jan-19
Price @ Call: 660.8
Target: 745
ACCUMULATE

Motilal Oswal
30-Jan-19
Price @ Call: 660.8
Target: 775
BUY

Indiabulls Ventures
8-Jan-19
Price @ Call: 637.45
Target: 750
BUY

AXISBANK Share Price Target - Broker Reports - 2018

Geojit Financial Services
30-Nov-18
Price @ Call: 626.72
Target: 650
HOLD

ICICIdirect.com
13-Nov-18
Price @ Call: 613.56
Target: 725
BUY

HDFC Securities
5-Nov-18
Price @ Call: 609.95
Target: 718
BUY

Prabhudas Lilladher
2-Nov-18
Price @ Call: 611.31
Target: 681
ACCUMULATE

ICICIdirect.com
10-Sep-18
Price @ Call: 661.05
Target: 725
BUY

Motilal Oswal
9-Sep-18
Price @ Call: 642.48
Target: 750
BUY

HDFC Securities
27-Aug-18
Price @ Call: 639.6
Target: 775
BUY

Choice Equity Broking
8-Aug-18
Price @ Call: 593.56
Target: 660
HOLD

Motilal Oswal
31-Jul-18
Price @ Call: 568.45
Target: 670
BUY

Sharekhan
31-Jul-18
Price @ Call: 568.45
Target: 625
HOLD

Arihant Capital Markets
31-Jul-18
Price @ Call: 568.45
Target: 618
HOLD

ICICIdirect.com
31-Jul-18
Price @ Call: 563.61
Target: 650
BUY

Prabhudas Lilladher
31-Jul-18
Price @ Call: 568.45
Target: 624
ACCUMULATE

Kotak Securities
31-Jul-18
Price @ Call: 568.45
Target: 600
ADD

Kotak Securities
12-Jun-18
Price @ Call: 540.1
Target: 600
BUY

Motilal Oswal
27-Apr-18
Price @ Call: 494.55
Target: 600
BUY

Prabhudas Lilladher
27-Apr-18
Price @ Call: 494.55
Target: 585
BUY

Centrum
27-Apr-18
Price @ Call: 525
Target: 520
HOLD

JM Financial
26-Apr-18
Price @ Call: 492.49
Target: 590
HOLD

Prabhudas Lilladher
23-Jan-18
Price @ Call: 611.05
Target: 651
BUY

Motilal Oswal
23-Jan-18
Price @ Call: 611.05
Target: 710
BUY

IIFL
4-Jan-18
Price @ Call: 560.35
Target: 650
ADD

ICICIdirect.com
1-Jan-18
Price @ Call: 562.4
Target: 640
BUY

Choice Equity Broking
1-Jan-18
Price @ Call: 564.86
Target: 660
BUY

AXISBANK Share Price Target - Broker Reports - 2017

Prabhudas Lilladher
13-Dec-17
Price @ Call: 538.3
Target: 654
BUY

Motilal Oswal
13-Nov-17
Price @ Call: 544.5
Target: 680
BUY

ICICIdirect.com
23-Oct-17
Price @ Call: 458.4
Target: 490
HOLD

Edelweiss
18-Oct-17
Price @ Call: 513.2
Target: 545
HOLD

ICICIdirect.com
19-Sep-17
Price @ Call: 523.55
Target: 585
BUY

Reliance Securities
16-Sep-17
Price @ Call: 516.19
Target: 600
BUY

SMC Research
26-Aug-17
Price @ Call: 506.89
Target: 631
BUY

Kotak Securities
23-Aug-17
Price @ Call: 499.15
Target: 525
ADD

Prabhudas Lilladher
26-Jul-17
Price @ Call: 544.65
Target: 495
REDUCE

Reliance Securities
26-Jul-17
Price @ Call: 545
Target: 600
BUY

KRChoksey
26-Jul-17
Price @ Call: 532
Target: 552
HOLD

Edelweiss
25-Jul-17
Price @ Call: 545
Target: 638
BUY

Sharekhan
30-Jun-17
Price @ Call: 511.7
Target: 570
BUY

Arihant Capital Markets
28-Apr-17
Price @ Call: 506
Target: 540
HOLD

ICICIdirect.com
27-Apr-17
Price @ Call: 506
Target: 540
HOLD

Edelweiss
26-Apr-17
Price @ Call: 517
Target: 560
BUY

Khambatta Securities
23-Jan-17
Price @ Call: 445
Target: 515
BUY

KRChoksey
20-Jan-17
Price @ Call: 456
Target: 562
ACCUMULATE

HDFC Securities
20-Jan-17
Price @ Call: 484
Target: 501
NEUTRAL

Centrum
20-Jan-17
Price @ Call: 484
Target: 510
HOLD

Edelweiss
19-Jan-17
Price @ Call: 484
Target: 570
BUY

Religare
19-Jan-17
Price @ Call: 483.8
Target: 465
SELL

AXISBANK Share Price Target - Broker Reports - 2016

Kotak Securities
29-Dec-16
Price @ Call: 443
Target: 500
BUY

Arihant Capital Markets
1-Nov-16
Price @ Call: 485
Target: 457
REDUCE

KRChoksey
26-Oct-16
Price @ Call: 487
Target: 562
ACCUMULATE

Edelweiss
25-Oct-16
Price @ Call: 527.28
Target: 570
BUY

Motilal Oswal
13-Oct-16
Price @ Call: 531.4
Target: 630
BUY

Angel Broking
6-Oct-16
Price @ Call: 536
Target: 630
BUY

Shahina Mukadam
20-Jul-16
Price @ Call: 562.68
Target: 630
HOLD

Edelweiss
27-Jun-16
Price @ Call: 514.53
Target: 585
BUY

Sharekhan
27-Apr-16
Price @ Call: 464
Target: 590
BUY

Nirmal Bang
27-Apr-16
Price @ Call: 464
Target: 470
BUY

Reliance Securities
27-Apr-16
Price @ Call: 464
Target: 521
HOLD

Religare
27-Apr-16
Price @ Call: 465.3
Target: 415
SELL

  • AXISBANK - Share Price Target Potential

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    BrokerageTargetPotential
    Angel Broking86014.27%
    Reliance Securities8007.84%
    India Nivesh730-1.00%
    Prabhudas Lilladher8007.84%
    ICICIdirect.com86514.76%
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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