Edelweiss is bullish on Max Financial Services has recommended buy rating on the stock with a target price of Rs 661 in its research report dated February 13, 2017.
Edelweiss' research report on Max Financial Services
We believe, the merged entity will emerge stronger and operating leverage benefits will help it clock even better RoEVs (refer our note, Life Insurance: Coming of age, dated September 12, 2016). Maintain ‘BUY’.
For all recommendations, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.