BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Deutsche Bank upgrades Union Bank to buy
Upgrade on back of attractive valuations. Union Bank trades at 0.60 times its price/book value. Expect margins to improve and slippages to decline as treasury gains increase.