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    HomeNewsBusinessStocksBuy Bajaj Finserv; target of Rs 17600: ICICI Direct

    Buy Bajaj Finserv; target of Rs 17600: ICICI Direct

    ICICI Direct is bullish on Bajaj Finserv has recommended buy rating on the stock with a target price of Rs 17600 in its research report dated July 31, 2022.

    Broker Research
    August 02, 2022 / 15:23 IST
       
       
      26 Aug, 2025 12:21
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      ICICI Direct's research report on Bajaj Finserv

      Bajaj Finserv (Finserv) is a financial conglomerate with a holding in the financing business (Bajaj Finance), life insurance (Bajaj Life Insurance) and general insurance (Bajaj General Insurance) business. • Consistent, faster business growth and profitability remains in focus.

      Outlook

      We maintain our BUY rating on the stock. We value Finserv at ~31x FY24E EPS and lower our target price from Rs 18900 earlier to Rs 17600/share.

      For all recommendations report, 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.

      Bajaj Finserv -010822 - ic

      Broker Research
      first published: Aug 2, 2022 03:23 pm

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