BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Morgan Stanley initiates RBL Bank with equalweight
Morgan Stanley has initiated coverage on RBL Bank with "equalweight" rating for a target price of Rs 280. We expect sustained, gradual improvement to continue. See strong growth and improving profitability. We expect 35 per cent EPS CAGR over FY2016-18. The stock appears to be fully priced at current price.