Brokerages increased price targets on SBI
Mon, May 24, 2021 7:05 AM

Brokerages increased price targets on SBI

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Brokerages have increased their price targets on State Bank of India after it reported an 80% rise in net profit for the quarter ended March on Friday. The stock ended up 4.3% at Rs 401.10 on Friday. HSBC has planned to buy and raised the target price to Rs 485 from Rs 475 and Haitong Securities has increased target price to Rs 480 from Rs 444 while retaining an outperform rating.

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