The following is a list that has been compiled using data from the most recent report that was issued by Stock Reports by Business Headline on May 23, 2023. The list contains the mean price targets for banking companies. The list also includes the number of analysts that will be reviewing each banking stock over the course of the following year. For the purposes of this research, we have omitted the companies for which the number of analysts totals ten or less and which have an upside potential of between 43 and 43 percent. The list has been arranged in descending order of the probable increase in value that these experts have anticipated.
You may create standardised scores based on earnings, fundamentals, relative value, risk, and price momentum by consulting Stock Reports by Business Headline, which is powered by Refinitiv. This resource also provides price predictions for more than 4,000 publicly traded firms.
Banking stocks Upside Potential as of 23 May
Bank Name | Mean Target Price | Close Price | Target vs. Current(%) | Analyst Count |
Federal Bank Ltd | 165.00 | 125.65 | 31.30 | 30 |
Karur Vysya Bank Ltd | 138.00 | 105.25 | 31.10 | 12 |
City Union Bank Ltd | 185.00 | 141.40 | 30.80 | 22 |
State Bank of India | 708.00 | 581.60 | 21.70 | 43 |
HDFC Bank Ltd | 1,970.00 | 1,637.20 | 20.30 | 38 |
Axis Bank Ltd | 1,100.00 | 916.15 | 20.10 | 41 |