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Buy Yes Bank; target of Rs 275: Sharekhan

Sharekhan is bullish on Yes Bank and has recommended buy rating on the stock with a target price of Rs 275 in its research report dated April 26, 2019.

April 29, 2019 / 01:35 PM IST
 
 
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Sharekhan's research report on Yes Bank

Yes Bank posted weak results for Q4FY2019, with spike in NPAs, high provisions, lower other income impacting performance. Changes in business model, mix & strategy may see growth and return ratios moderating for a near to medium term.

Outlook

We maintain a Buy rating on the stock of Yes Bank with a revised PT of Rs. 275.

For all recommendations report, click here

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Broker Research
first published: Apr 29, 2019 01:35 pm

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