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    HomeNewsBusinessStocksBuy State Bank of India; target of Rs 930: Anand Rathi

    Buy State Bank of India; target of Rs 930: Anand Rathi

    Anand Rathi is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 930 in its research report dated February 06, 2025.

    Broker Research
    February 10, 2025 / 11:53 IST
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      26 Aug, 2025 12:21
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      Anand Rathi's research report on State Bank of India

      State Bank of India saw a soft Q3 on subdued NII and miss in other income. The bank’s dominant market position, best-in-class management and strong digital abilities would aid in maintaining its market share, while delivering healthy profitability.

      Outlook

      At our revised TP of Rs930, the stock will trade at 1.2x FY27e P/BV (earlier 1.4x FY26e). We value the subsidiaries at Rs191/share and retain a Buy rating.

      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.

      State Bank of India - 10022025 - anand

      Broker Research
      first published: Feb 10, 2025 11:53 am

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