BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Deutsche Bank maintains buy on Federal Bank
Deutsche Bank has maintained its "buy" rating on Federal Bank for a target of Rs 85. We see improving growth and return trajectory for Federal Bank. Valuations look comfortable despite recent run-up. Cost leverage should also be a benefit for the bank. Asset quality has picked.