Buy ICICI Bank; target of Rs 410: Sharekhan

Sharekhan recommended is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 410 in its research report dated January 01, 2019.

Broker Research

January 02, 2019 / 11:38 IST

26 Aug, 2025 12:21

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Sharekhan's research report on ICICI Bank

ICICI Bank’s liability franchise has improved significantly, along with its asset profile. We believe with peaking of NPA cycle, corporate-facing banks such as ICICI Bank are likely to benefit with improvement in the overall asset quality and profitablity.

Outlook

We maintain our Buy rating with a revised price target of Rs. 410.

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Broker Research

first published: Jan 2, 2019 11:38 am

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