Author Topic: CLSA Downgrades PSU Banks  (Read 9097 times)

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sunil

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CLSA Downgrades PSU Banks
« 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 ?