FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
forum

J&KBANK Share Price Target

The Jammu & Kashmir Bank Ltd.
NSE: J&KBANK | BSE: 532209 | ISIN: INE168A01041 | Sector: Banks

J&KBANK Rating

4/5 (4 Ratings)
J&KBANK Share Price *
18.15 -0.95 (-4.97%)
* (quote may be delayed)

4 J&KBANK share price target reports by brokerages below. See what is analyst's view on J&KBANK 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 J&KBANK share price target tomorrow or next week from J&KBANK discussion forum.

J&KBANK Share Price Forecast - Consensus
No. of reports in last year
4
No. of analysts
2
Average Consensus Forecast
61.50
Consensus Potential
67.73%

J&KBANK Share Price Target - Broker Reports - 2019

9-Aug-19
Price @ Call: 44.24
Target: 48
HOLD
Healthy growth in advances with focus on retail segment to augment margins & thereby operational performance. However, recent development in state could impact bank’s competitive advantage, while concerns regarding governance and functioning remains overhang in the near term. Accordingly, we reduce our earnings estimates by 36%/21% for FY20E/21E. Accordingly, we lower our target to | 48 (earlier | 53) keeping our target multiple unchanged at 0.7x FY21E ABV. We maintain our HOLD recommendation.
... Read more

11-Jun-19
Price @ Call: 49.55
Target: 53
HOLD
Based on a sensitivity analysis (Exhibit 1) of the impact on earnings, we revise our target multiple downwards to 0.7x FY21E (earlier 0.9x) and lower our target price to Rs 53/share (earlier | 65). Thus, we downgrade our rating on the stock from BUY to HOLD.
... Read more

20-May-19
Price @ Call: 58.25
Target: 65
BUY
Healthy growth in advances with focus on retail segment is expected to augment margins & thereby operational performance. Recognition of stressed account & continuous reduction in rehabilitated advances is expected to keep asset quality under control. Accordingly, RoA is expected to improve gradually to 0.8% in FY21E. Rolling over our estimates to FY21E, we revise our target price to Rs 65 (earlier | 52), valuing the stock at ~0.9x FY21E ABV. We maintain our BUY recommendation on the stock.
... Read more

17-May-19
Price @ Call: 55.95
Target: 80
BUY
Credit cost (calculated) was moderately high at 2.7% (2.4% in 4Q18) as a) bank recognized 3 IL&FS accounts of 4 as NPA, b) divergence in provisions cited by RBI. Bank’s restructured book which had been a concern declined 12% QoQ. Valuation of 0.6x on Mar-21 ABV is reasonable given healthy loan growth & margins outlook, robust liabilty franchise (CASA:51%), controlled asset quality and waning capital concerns. Retain BUY with revised TP of Rs80 (from Rs76) based on 0.9x Mar-21 ABV.
... Read more

16-Jan-19
Price @ Call: 39.5
Target: 64
BUY

15-Jan-19
Price @ Call: 37.4
Target: 52
BUY

14-Jan-19
Price @ Call: 37.45
Target: 76
BUY

J&KBANK Share Price Target - Broker Reports - 2018

19-Oct-18
Price @ Call: 42.2
Target: 58
BUY

27-Jul-18
Price @ Call: 53.51
Target: 58
HOLD

4-Jun-18
Price @ Call: 56
Target: 100
BUY

2-Feb-18
Price @ Call: 69.49
Target: 100
BUY

3-Feb-18
Price @ Call: 69.49
Target: 112
BUY

J&KBANK Share Price Target - Broker Reports - 2017

6-Nov-17
Price @ Call: 80.97
Target: 135
BUY

24-Jul-17
Price @ Call: 88
Target: 105
BUY

16-May-17
Price @ Call: 82
Target: 95
BUY

2-May-17
Price @ Call: 81
Target: 95
BUY

8-Feb-17
Price @ Call: 72
Target: 80
BUY

J&KBANK Share Price Target - Broker Reports - 2016

19-Dec-16
Price @ Call: 64
Target: 75
BUY

19-Dec-16
Price @ Call: 64
Target: 68
NEUTRAL

  • J&KBANK - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    ICICIdirect.com4860.21%
    Prabhudas Lilladher8076.13%
  • J&KBANK Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 320.43
    Upside Target 219.92
    Upside Target 118.98
    Pivot18.47
    Downside Target 117.53
    Downside Target 217.02
    Downside Target 316.08
  • J&KBANK Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 327.85
    Upside Target 225.85
    Upside Target 121.95
    Pivot19.95
    Downside Target 116.05
    Downside Target 214.05
    Downside Target 310.15
  • J&KBANK Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 334.57
    Upside Target 233.03
    Upside Target 130.17
    Pivot28.63
    Downside Target 125.77
    Downside Target 224.23
    Downside Target 321.37
  • J&KBANK Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 319.92
    Upside Target 219.36
    Upside Target 119.02
    Pivot18.47
    Downside Target 117.91
    Downside Target 217.57
    Downside Target 317.02
  • J&KBANK Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 325.85
    Upside Target 223.6
    Upside Target 122.2
    Pivot19.95
    Downside Target 117.7
    Downside Target 216.3
    Downside Target 314.05
  • J&KBANK Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 333.03
    Upside Target 231.35
    Upside Target 130.31
    Pivot28.63
    Downside Target 126.95
    Downside Target 225.91
    Downside Target 324.23
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.