Buy Yes Bank; target of Rs 760: Firstcall Research

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Firstcall Research report on Yes Bank“YES BANK, India’s new age private sector Bank, is a state-of-the-art high quality, customer-centric, service-driven Bank catering to the “Future Businesses of India”. The bank provides services in Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country, and is well equipped to offer a range of products and services to corporate and retail customers. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. The Bank has received numerous recognitions for its world-class IT infrastructure, and payments solutions, as well as excellence in Human Capital. YES BANK’s total branch and ATM network stands at 581 branches and 1149 ATMs as on 30th Sept 2014. BSE has signed a first of its kind Memorandum of Understanding (MoU) with YES BANK, India’s fourth largest private sector Bank.” “At the current market price of Rs. 678.40 the stock P/E ratio is at 14.39 x FY15E and 12.57 x FY16E respectively. Earning per share (EPS) of the company for the earnings for FY15E and FY16E is seen at Rs. 47.13 and Rs.53.98 respectively. Net Income and PAT of the company is expected to grow at a CAGR of 17% & 20% over 2013 to 2016E respectively. Price to Book Value of the stock is expected to be at 3.09 x and 2.48 x for FY15E and FY16E respectively. We recommend ‘BUY’ in this particular scrip with a target price of Rs. 760.00 for Medium to Long term investment,” says Firstcall Research report.  

For all recommendations, 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.

Read More