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HDFC Bank has target of Rs 532: Pankaj Pandey

HDFC Bank has target of Rs 532, says Pankaj Pandey, Head Research, ICICI Direct.

August 02, 2011 / 14:51 IST
     
     
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    HDFC Bank has target of Rs 532, says Pankaj Pandey, Head Research, ICICI Direct.


    Pandey told CNBC-TV18, "Among the largecaps bank, SBI is one which we like, besides that on HDFC Bank we have a target price of Rs 532. HDFC is another stock which we like in the Floor Space Index (FSI) space."


    He further added, "Also from the midcap banking space we like Oriental Bank of Commerce with a target price of Rs 410, Yes Bank with a target price of Rs 398 and Federal Bank among old sector private banks. So, these are our preferences in the bank."

    Disclosure: It will be safer to assume that myself or my clients could be holding positions into the above stocks.

    first published: Aug 2, 2011 02:46 pm

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