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Investments in Indian Equity and Research => Equity Investments, Fundamental Research and Sectors Review => Topic started by: sunil on August 25, 2011, 11:54:10 AM

Title: CLSA Downgrades PSU Banks
Post by: sunil on August 25, 2011, 11:54:10 AM
CLSA one of the major FII Mover & Shaker of Indian Market has downgraded PSU Banks to UNDERPERFORM. Here are the Stock Price Targets of Various Banks as mentioned by CLSA,

SBI - Rs 1930
PNB - 980
Bank of India - 310
Bank of Baroda - 725
Canara - 470
Corporation Bank - 460
Oriental Bank - 290

Price Targets for Various Private Sector Banks which have a BUY Rating,

HDFC Bank 580
Axis - 1220
ICICI - 1120
HDFC - 760

Isn't it better to go ahead and invest in some Banking Oriented thematic Fund ?