CLSA: Buy SBI
Target 310
This is valuation chart from CLSA
my concern is about P/B
if its less than 1 for a bank... means inbvestors do NOT trust the book....
and price will move when "trust" is regained.. which is often a long wait
not valuation driven
but by conviction in management
wait for trigger!
more bulls for #SBI
Goldman Sachs upgrades SBI to 'BUY', raises target price by 54%
economictimes.indiatimes.com/markets/stocks…
another bullish signal, rating agencies are negative 😂😂
Moody's downgrades SBI, expects asset quality to worsen
moneycontrol.com/news/business/…
State Bank of India (SBI.BO)
Proxy on easing financial conditions; prudent balance sheet policies; upgrade to Buy : Goldman Sachs
After CLSA and Goldman Sachs
UBS upgrades SBI
Finally #SBI finds 💕💕!!
moneycontrol.com/news/business/…
Buy State Bank of India, target price Rs 285: Motilal Oswal
Read more at:
economictimes.indiatimes.com/markets/stocks…
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