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Last Updated : Apr 29, 2019 01:35 PM IST | Source: Moneycontrol.com

Buy Yes Bank; target of Rs 275: Sharekhan

Sharekhan is bullish on Yes Bank and has recommended buy rating on the stock with a target price of Rs 275 in its research report dated April 26, 2019.

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Sharekhan's research report on Yes Bank


Yes Bank posted weak results for Q4FY2019, with spike in NPAs, high provisions, lower other income impacting performance. Changes in business model, mix & strategy may see growth and return ratios moderating for a near to medium term.


Outlook


We maintain a Buy rating on the stock of Yes Bank with a revised PT of Rs. 275.


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 Apr 29, 2019 01:35 pm
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