Sell IOB; tgt Rs 99.75: ICICIdirect.com

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Sell IOB; tgt Rs 99.75: ICICIdirect.com

ICICIdirect.com has recommended a sell rating on Indian Overseas Bank with price target of Rs 99.75, in its report dated September 12, 2008.

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RELATED NEWS Indian Bank an outperformer: Fox-Pitt Sell Unitech, target of Rs 138: Morgan Stanley Divis Laboratories an outperformer: Enam Securities Buy Reliance Industries, target of Rs 2450: Citigroup Buy Tata Motors above Rs 425: ICICIdirect.com ALSO READ See previous views by ICICIdirect.com See what other Experts & Brokerages are saying about IOB See messages about IOB IOB BSE | NSE 25/05/12 Are Mutual Funds betting on IOB?

ICICIdirect.com has recommended a sell rating on Indian Overseas Bank with price target of Rs 99.75, in its report dated September 12, 2008.

"Indian Overseas Bank is good only if it breaks top line, else sell below Rs 100.50, with stop loss of Rs 101 and target of Rs 99.75/Rs 98.50 or lower", says ICICIdirect.com report.

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