1 CANBK share price target reports by brokerages below. See what is analyst's view on CANBK 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.
Outlook & Valuation: We expect operating metrics to continue to remain sub-par with PPoP CAGR of 12% over FY19- 21E, despite a low base. We tweak our estimates to factor in slightly higher slippages and arrive at RoA of 0.4%/0.7% for FY20E/FY21E, maintaining our HOLD recommendation on the stock with an unrevised Target Price of Rs265, valuing the stock at 0.8x FY21E ABV.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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