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RBLBANK Share Price Target

RBL Bank Ltd.
NSE: RBLBANK | BSE: 540065 | ISIN: INE976G01028 | Sector: Banks

RBLBANK Rating

4.9/5 (14 Ratings)
RBLBANK Share Price *
309.8 -4.7 (-1.49%)
* (quote may be delayed)

17 RBLBANK share price target reports by brokerages below. See what is analyst's view on RBLBANK 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 RBLBANK share price target tomorrow or next week from RBLBANK discussion forum.

RBLBANK Share Price Forecast - Consensus
No. of reports in last year
17
No. of analysts
6
Average Consensus Forecast
566.82
Consensus Potential
38.63%

RBLBANK Share Price Target - Broker Reports - 2020

29-Jan-20
Price @ Call: 340.75
Target: 410
BUY
Outlook & Valuation: RBL Bank’s fresh set of stressed pool would push back ROA of 1.5% to Q2FY2021. However, for the next couple of quarters key monitorable will be no further addition to stress book and BB & Below book. We expect RBL Bank to grow its advances at CAGR of 22% over FY2019-21E. Improvement in CASA, higher share of retail book and in-house priority sector lending will support NIM going forward. At CMP, RBL trades at 1.4x FY21E P/ABV. We maintain our Buy rating with Target Price of Rs 410
... Read more

24-Jan-20
Price @ Call: 333.89
Target: 344
ACCUMULATE
RBL Bank (RBL) reported 3QFY20 results with the key pointers being: (1) Gross slippages continued to be elevated at Rs10.48bn of which Rs7bn were from the identified corporate stress pool (2) Loan growth slowed to 20% YoY while core fee income growth was better at 37% YoY (3) NIM expansion journey continued with NIM at 4.57%, up 22 bps QoQ and 45 bps YoY (4) Cost to income ratio was lower 351bps YoY and 341bps QoQ at 48.1% on account of cost saving initiatives and one offs (See comprehensive conference call takeaways on page 2 for significant incremental colour). Per se, on the key P&L items, RBL posted 41% YoY NII growth at Rs9,227mn, PPOP growth of 47% YoY at Rs7,322mn and PAT decline of 69% YoY at Rs700mn. We have revised our estimates for FY20/FY21/FY22 and revised our rating on RBL to Accumulate, revising our target price to Rs344 (from Rs397 earlier) and valuing the stock at 1.4x H1FY22E P/BV.
... Read more

24-Jan-20
Price @ Call: 333.89
Target: 348
NEUTRAL
Yet again RBK’s PPOP was better than expected, due to sharp NIM improvement and one-off staff cost reversals. PAT was above estimates, even as provisions remained elevated. Slippages remained high, and were mostly from anticipated stress. Maintain NEUTRAL with a TP of Rs 348 (1.5x Dec-21E ABV of Rs 232).
... Read more

23-Jan-20
Price @ Call: 339.1
Target: 415
BUY
RBK’s asset quality remained under pressure with the bank recognizing stress from the identified pool. Management has guided for the remaining stress to be recognized in the coming quarter before earnings begin to normalize from FY21E. However, the sluggish economic environment and RBK’s exposure to BBB/BB & below pool remains a concern. Strong growth in the retail business was led by cards/MFI and the robust margins do provide some cushion to its operating performance. We conservatively cut our earnings estimate for FY20/FY21 by 17%/13%; however, any turnaround in corporate asset quality should drive strong earnings revival and can sway target multiples on the upside. We revise our TP to INR415 (1.7x Sep-21E ABV) after factoring in the capital raise. Maintain Buy.
... Read more

RBLBANK Share Price Target - Broker Reports - 2019

2-Nov-19
Price @ Call: 314.57
Target: 410
BUY
RBL Bank’s fresh set of stressed pool would push back ROA of 1.5% to Q2FY2021. We expect RBL Bank to grow its advances at CAGR of 27% over FY2019-21E. Improvement in CASA, higher share of retail book and in- house priority sector lending will support NIM going forward. At CMP, RBL trades at 1.4x FY21E P/ABV. We maintain our Buy rating with Target Price of Rs 410.
... Read more

23-Oct-19
Price @ Call: 253.82
Target: 370
ACCUMULATE

23-Oct-19
Price @ Call: 286.9
Target: 389
BUY
We have revised our NII estimates by -1.5%/-3.2%/-3.7%, PPOP estimates by -3.1%/1.3%/2.4% and PAT estimates by -10.0%/-5.2%/-4.5% for FY20/FY21/FY22, respectively. We have retained Buy rating on RBL, revising our target price to Rs389 (from Rs463 earlier) and valuing the stock at 1.5x H1FY22E P/BV.
... Read more

7-Aug-19
Price @ Call: 380.3
Target: 463
BUY
RBL’s corporate lending is no basket case, Upgrade to Buy
We have revised our NII estimates by -0.3%/-0.4%, PPOP estimates by -0.4%/-0.6% and PAT estimates by -0.6%/-5.7% for FY20/FY21, respectively. We upgrade RBL to Buy rating, revising our target price to Rs463 (from Rs559 earlier) and valuing the stock at 1.9x FY21E P/BV.
... Read more

23-Jul-19
Price @ Call: 472.49
Target: 640
BUY
Valuation view: RBL has demonstrated strong momentum in business growth and earnings. However the exposure to a few stressed corporate accounts is likely to drive an increase in provisioning expenses and dent the earnings trajectory. We, thus, cut our PAT estimates by 12%/9% for FY20/21 as we factor in higher credit cost of 160bp/140bp for FY20/21 (~100bp in FY19) though robust margins and improving profitability in the cards business will still facilitate 30% earnings CAGR over FY19-21. We revise our TP to INR640 (2.5x FY21E BV). Maintain Buy.
... Read more

23-Jul-19
Price @ Call: 478.05
Target: 650
BUY
Outlook & Valuation: RBL Bank’s fresh set of stressed pool would push back of 1.5% to Q2FY2021. We expect RBL Bank to grow its advances at CAGR of 33% over FY2019-21E. Improvement in CASA, higher share of retail book and inhouse priority sector lending will support NIM going forward. At CMP, RBL trades at 2.3x FY21E P/ABV. We maintain our Buy rating with Target Price of `650 (3x FY21EABV).
... Read more

22-Jul-19
Price @ Call: 500.35
Target: 559
ACCUMULATE
We have revised our NII estimates by -0.6%/-1.0%, PPOP estimates by 0.9%/- 10.3% and PAT estimates by -12.7%/-1.9% for FY20/FY21, respectively. We have retained Accumulate rating on RBL, revising our target price to Rs559 (from Rs696 earlier) and valuing the stock at 2.2x FY21E P/BV.
... Read more

11-Jul-19
Price @ Call: 626.15
Target: 803
BUY

23-Apr-19
Price @ Call: 680.6
Target: 753
BUY
Robust loan growth trajectory and well-maintained asset quality coupled with healthy margins, rapidly growing fee income and expected improvements in opex due to technological up gradation, gives a positive outlook for the bank. Hence, we give the stock a BUY rating, with a target price of INR 753 valuing at 3.1X of FY21E P/ABV. Risks: Asset quality deterioration as the share of relatively riskier segment increases, slower than expected CASA mobilization, exit of any Key Managerial Personnel.
... Read more

23-Apr-19
Price @ Call: 680.6
Target: 775
BUY
We expect RBL Bank to grow its advances at CAGR of 35% over FY2018-20E. Improvement in CASA, higher share of retail book and in- house priority sector lending will support NIM going forward. At CMP, RBL trades at 2.9x FY21E P/ABV, which we believe is attractive considering growth prospects, hence, we recommend BUY with a target price of Rs 775 over the next 12 months.
... Read more

23-Apr-19
Price @ Call: 680.6
Target: 704
ACCUMULATE
We have revised our NII estimates by 0.7%/0.8%, retained our PPOP estimates and revised our PAT estimates by 0.1%/0.2% for FY20/FY21, respectively. We have retained Accumulate rating on RBL, revising our target price to Rs704 (from Rs701 earlier) and valuing the stock at 2.6x FY21E P/BV.
... Read more

22-Apr-19
Price @ Call: 675.01
Target: 800
BUY
With its diversified product portfolio, rising share of high- yielding loans and capable management, RBL is likely to deliver a loan CAGR of 35% over FY19-21. We further expect stable/improving margins on the account of the improving asset mix and the continued asset re-pricing, while operating leverage is likely to improve gradually. We have built in a capital raise of INR30b in FY20, and thus, estimate RBK to report RoA/RoE of 1.3%/13.5% by FY21. We roll forward our estimates to FY21 and revise our target price to INR800 (3.0x FY21E ABV). Maintain Buy.
... Read more

19-Apr-19
Price @ Call: 678.37
Target: 803
BUY

12-Feb-19
Price @ Call: 564.35
Target: 690
BUY

2-Feb-19
Price @ Call: 573.09
Target: 675
BUY

1-Feb-19
Price @ Call: 573.09
Target: 626
BUY

29-Jan-19
Price @ Call: 563.7
Target: 660
BUY

29-Jan-19
Price @ Call: 563.7
Target: 650
BUY

RBLBANK Share Price Target - Broker Reports - 2018

10-Dec-18
Price @ Call: 548.85
Target: 660
BUY

30-Oct-18
Price @ Call: 529.26
Target: 591
ACCUMULATE

24-Oct-18
Price @ Call: 464.9
Target: 600
BUY

24-Sep-18
Price @ Call: 541.46
Target: 698
BUY

24-Aug-18
Price @ Call: 594.9
Target: 700
BUY

20-Jul-18
Price @ Call: 572.24
Target: 642
BUY

27-Jul-18
Price @ Call: 568.1
Target: 675
BUY

23-Jul-18
Price @ Call: 576.8
Target: 635
BUY

20-Jul-18
Price @ Call: 555.9
Target: 664
BUY

20-Jul-18
Price @ Call: 555.9
Target: 475
SELL

20-Jul-18
Price @ Call: 555.9
Target: 650
BUY

9-Jul-18
Price @ Call: 562.8
Target: 677
BUY

27-Jun-18
Price @ Call: 557.93
Target: 635
BUY

15-Jun-18
Price @ Call: 558.65
Target: 660
BUY

30-Apr-18
Price @ Call: 533.44
Target: 582
BUY

27-Apr-18
Price @ Call: 538.06
Target: 650
BUY

5-Apr-18
Price @ Call: 487.9
Target: 650
BUY

2-Apr-18
Price @ Call: 476.9
Target: 650
BUY

29-Jan-18
Price @ Call: 507.32
Target: 650
BUY

24-Jan-18
Price @ Call: 536.5
Target: 680
BUY

RBLBANK Share Price Target - Broker Reports - 2017

1-Nov-17
Price @ Call: 527.38
Target: 620
BUY

26-Oct-17
Price @ Call: 524.45
Target: 665
BUY

16-Oct-17
Price @ Call: 521.09
Target: 651
BUY

1-Aug-17
Price @ Call: 535
Target: 591
ACCUMULATE

26-Jul-17
Price @ Call: 529
Target: 620
BUY

14-Apr-17
Price @ Call: 560.2
Target: 350
SELL

20-Jan-17
Price @ Call: 368
Target: 450
BUY

RBLBANK Share Price Target - Broker Reports - 2016

18-Nov-16
Price @ Call: 307.55
Target: 378
BUY

27-Dec-16
Price @ Call: 329.85
Target: 393
BUY

11-Nov-16
Price @ Call: 378
Target: 450
BUY

21-Oct-16
Price @ Call: 327.74
Target: 365
BUY

1-Sep-16
Price @ Call: 299.3
Target: 325
BUY

  • RBLBANK - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    Angel Broking41023.29%
    Nirmal Bang3448.58%
    HDFC Securities3489.63%
    Motilal Oswal41524.22%
    India Nivesh37015.00%
  • RBLBANK Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3325.23
    Upside Target 2320.87
    Upside Target 1315.23
    Pivot310.87
    Downside Target 1305.23
    Downside Target 2300.87
    Downside Target 3295.23
  • RBLBANK Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3348.57
    Upside Target 2334.03
    Upside Target 1321.42
    Pivot306.88
    Downside Target 1294.27
    Downside Target 2279.73
    Downside Target 3267.12
  • RBLBANK Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3411.2
    Upside Target 2391.8
    Upside Target 1355.05
    Pivot335.65
    Downside Target 1298.9
    Downside Target 2279.5
    Downside Target 3242.75
  • RBLBANK Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3320.87
    Upside Target 2317.05
    Upside Target 1314.69
    Pivot310.87
    Downside Target 1307.05
    Downside Target 2304.69
    Downside Target 3300.87
  • RBLBANK Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3334.03
    Upside Target 2323.66
    Upside Target 1317.25
    Pivot306.88
    Downside Target 1296.51
    Downside Target 2290.1
    Downside Target 3279.73
  • RBLBANK Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3391.8
    Upside Target 2370.35
    Upside Target 1357.1
    Pivot335.65
    Downside Target 1314.2
    Downside Target 2300.95
    Downside Target 3279.5
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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