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Last Updated : Jan 02, 2019 11:38 AM IST | Source: Moneycontrol.com

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.

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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.


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.




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First Published on Jan 2, 2019 11:38 am
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